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5 December 2017 | 19 replies
If you do make offers based on that limited info, do you adjust your offer if, after looking at more detailed info like p&l and tax returns, the numbers are worse than anticipated?
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7 December 2017 | 8 replies
We anticipate that the first 2 or 3 deals may be a bit hairy, but by the end of 2018 we should be on track to achieve our 2022 goal of $1M in leveraged assets.
28 November 2017 | 1 reply
Accordingly, if you anticipate a large state balance due for tax year 2017 you may want to consider paying that by year end if you are not in alternative minimum tax to preserve your deduction.
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28 March 2018 | 9 replies
I anticipate this property to be rented to a small family with kids, and maybe a young couple on the other side.
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13 March 2018 | 0 replies
Thanks for anticipated responses.
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13 March 2018 | 2 replies
So that is a future consideration that needs to be pondered now in anticipation.
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16 March 2018 | 2 replies
Do you anticipate traveling maybe once per year to the location of the property to actually see it or resolve any issue related to it?
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20 March 2018 | 6 replies
I could sell one of my properties (condo) use, that money for flips in Atlanta within the next 1-2 years build up additional funds to acquire an apartment complex, and to grow my portfolio, but I want to hear from some experienced investors and what they would do if they were in a similar position.Current Picture/Portfolio: Property 1: Condo (Atlanta, GA 30328)Current Rent = $1550/MonthUtility Reimbursement = $200-300/MonthHOA $383 (In line with HOA's for other communities) Purchased June 05th, 2015 and resided in property until Jan 22nd, 2017 (Total of 1.64 Years)Lease Started Jan 23rd 2017 and Lease Ends on June 30th 2018.Current Equity 135,000 (Purchase Price) - 85,000 = $50,000Current Comps Similar Properties are selling for $155,000 to $170,000Current Mortgage Terms: 15 yr Fixed 3.325% Monthly payment of $996 (Includes Insurance and Property Taxes)Anticipated Total Earnings if Sold at End of July $64,500 (Sell Price $155K) to $78,500 (Sell Price $170K) Property 2:Town-home (Peachtree Corners, GA 30092)Current Rent = $2000-4000/Month (AirBnB) 60-70% Occupancy since November of 2017Purchased July 28th 2017 and currently residing in basement house-hacking with my younger brother.HOA $325/Month Covers, Water, Lawn Maintenance, Sewage, Security GateCurrent Equity 336,000 (Purchase Price) - 265,000 (Remaining Loan Balance) = $71,000Current Comps Similar Properties are selling for $345,000 to $360,000 due to private/public school ratings going up shortly after purchase.Current Mortgage Terms: 30 yr Fixed 4.326% Monthly payment of $1823 (Includes Insurance,PMI, and Property Taxes.)
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23 March 2018 | 16 replies
It took me some time to find contractor, it cost me more then I anticipated, it took twice as longer, we found things that inspection didn't find, and had to fix that too.
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21 March 2018 | 10 replies
Get the work done, list it a few more weeks closer to the warm buying season, list it for a few grand more than you anticipated and see what bites