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27 September 2024 | 5 replies
Many years ago, Home Depot and Lowes used to have professionals from each trade in those departments, most were retired etc, I find that less and less nowadays and find myself helping customers out when I hear an employee giving really bad advice, so just take advice in the big box stores with a grain of salt.
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26 September 2024 | 17 replies
Nowadays, design is so advanced you'd often not even know it's built to be accessible.
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28 September 2024 | 14 replies
Most are non bank lenders nowadays which sell them off to Wall Street.
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24 September 2024 | 0 replies
Getting a Real Estate VA is one of the trends nowadays, but do you think it's still worth it?
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25 September 2024 | 8 replies
I have a kind of "secret empathy" for younger folks nowadays because they've been condition to be these impulsive, reactive hyper-drama organisms.
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24 September 2024 | 21 replies
We just saw few target properties go from active to contingent/pending status on MLS, it's hard to land on good cash-flow/turn-key property with low inventory nowadays.
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23 September 2024 | 9 replies
And, that is in a nice neighborhood where you can get $1100/mo for a 1 bedroom.Here it is: $50,000 rental income less CapX and Operating Costs @30% (don't forget you own 16-20 appliances that nowadays last maybe 5 years and can't be repaired) . . . =$35000 for debt service and return on downpayment.
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26 September 2024 | 32 replies
Nowadays, you need to work backwards:Start with your target ROIFigure out what the likely rent will beDeduct taxes, insurance, maintenance, vacancy, etc.Using what's left, determine what mortgage payment can be supported to reach your ROIFigure out, given current rates, what the P&I mortgage payment => mortgage amountAdd your 20-25% down paymentTHAT IS THE NUMBER YOU OFFER!
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22 September 2024 | 7 replies
Pretty sure Launch, Sherpa, and Batch are the only reliable and legal ones nowadays.
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9 October 2024 | 312 replies
I think nowadays you instead see can-kicking because as long as the GP has a hope of recovery the lender gets a “free” asset manager and maybe some interest and principal payments.