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11 December 2024 | 37 replies
Though the property and surrounding areas look nice in the pictures, the doors and windows has bars which concern me.I am just starting our my RE investment journey and all help is greatly appreciated.
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10 December 2024 | 7 replies
If you can share the address it could answer some questions.
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9 December 2024 | 8 replies
Even if you don't feel you have enough info to give me directional advice, how would you go about deciding whether to address the problem?
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15 December 2024 | 4 replies
During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.
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12 December 2024 | 17 replies
That was our concern with including it.
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18 December 2024 | 26 replies
They provide detailed information on the property address, closing costs, all utilities, lawn care, capital expenditures, maintenance, property taxes, insurance, and more.
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12 December 2024 | 3 replies
Me and my girlfriend are currently saving to purchase a home within the next year or so to start house hacking, my concern is how signing the lease option to purchase contract will affect our eligibility for first time home buyer programs?
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13 December 2024 | 35 replies
Unless I missed it throughout the episode, I do not recall them ever discussing how you cover the cost of property repairs and capital expenditures if you are not concerned about the property making extra money each month.
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16 December 2024 | 19 replies
You may consider terminating the lease depending on how much time remains, your skills, the legal system, and other factors.Based on what you've said, I am concerned there's someone else occupying the home or something else is going on.
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18 December 2024 | 15 replies
No renovations, but cashflow negative (wont hire property manager anymore just to breakeven) @$170-18503. 1031 and buy in WA where we can manage on our ownSame problems with others, we have limited cash available. if we do buy on WA , few concerns are:We are intermittently rehabbing our current home to be rented as Nursing Home eventually hopefully in 2 yrs. home in WA are more expensive and would need higher downpayment and it would be challenging for us because our DTI is high already, we would have do to a dscr thats 100k++ DPSorry for the lengthy post, hope to hear from you!