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8 April 2024 | 8 replies
For instance if you have one $500,000 property with % equity and the market goes up 3% you have gained $15,000 in equity.
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10 April 2024 | 70 replies
In this instance, forgive me for such a noob question, but I don't understand what you all mean when you say you get money back after refinancing?
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8 April 2024 | 51 replies
@Josh Mac keep in mind that Zillow can be completely unaware of factors that affect value...and some of these factors might not be apparent until you see the property in-person.For instance, maybe someone added a bathroom to the house, and now it's a 3/3, but Zillow thinks it's a 3/2. ...or maybe the house is right next to a busy road with tons of traffic noise, but the Zestimate is based on nearby houses that are on quieter residential streets ...or the main floor beam under the house is rotted out--Zillow would never know that...In short, there are a ton of factors that can affect a property's value that Zillow might completely miss.The Zestimate can be reasonably accurate in showing a ballpark value...but, I wouldn't make life and death investing decisions based on a Zestimate...
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10 April 2024 | 59 replies
For instance, just because this new law doesn't specifically say that if a tenant in the new ADU has a poodle, then the ADU isn't legal, doesn't make that enforceable.
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10 April 2024 | 37 replies
Tax Deeds for instance in CA are probably the simplest that I have seen and been a party to.
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7 April 2024 | 29 replies
Every year, Disney and Universal reliably announce new attractions to keep visitors coming back — for instance next year, the opening of Universal’s Epic Universe in 2025.
5 April 2024 | 5 replies
For instance, you can use the HELOC to buy a property "cash" and then add value to refinance later.
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5 April 2024 | 37 replies
For instance, if they want to a short-term rental in Breckenridge, they end up in Blue River or Fairplay because cash-on-cash looks way better.
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8 April 2024 | 35 replies
However, you can still cashflow more in most instances, although, generally it’s not a ton of a difference.
5 April 2024 | 6 replies
@Tara AdiI am not an attorneyMy experience has been owning a condo as well as building 1,000’s of themIn this instance there was a defect from the common area element that caused damage to the window which would be the responsibility of the HOAThink of it another way, if the roof leaks and destroys your drywall ceiling - are you responsible to replace the drywall?