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11 December 2024 | 8 replies
The down payment is based off the total adjusted acquisition cost – the purchase price plus the cost of renovations.
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9 December 2024 | 8 replies
Based on the purchase price, closing cost, agent fees and certain other items you will calculate (capitalize) a total number.
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15 December 2024 | 4 replies
I have a handful of leads that leave plenty of meat on the bone and I would like to make sure I am not missing anything.
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18 December 2024 | 9 replies
I’ve house hacked for the last 7 years and acquired a handful of properties this way.
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17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.
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16 December 2024 | 14 replies
Don't tip your hand that you didn't understand your numbers.
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19 December 2024 | 50 replies
LLCs and trusts have totally different functions when it comes to asset protection.
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17 December 2024 | 7 replies
I've met a handful of true PMLs.
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14 December 2024 | 9 replies
being hands-on and local is a big advantage.
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15 December 2024 | 9 replies
Totally agree @Robin Simon.