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12 October 2020 | 5 replies
Based on the numbers you provided and assuming a purchase price of $200,000,this deal PASSED the 1% Rule.Assuming you are getting a mortgage( I know you are considering cash) of $150,000 on a $200,000 purchase with interest rate at 4.5%,annual taxes at $4560 and insurance at $1680 .Your PITI(monthly mortgage) will be around $1280.With a monthly rent income of $2000,you will have a gross income of $720.This is before reserves for CAPEX ,maintenance etc I think you should cashflow $500/month.If I was in your shoes,I will go for it
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15 October 2020 | 43 replies
@Victoria HillVictoria, I am In same shoes as yours.
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28 November 2020 | 10 replies
If i were in your shoes I would find an attorney and have them help you with the relocation assistance etc.
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26 August 2022 | 24 replies
But I see myself in the same shoes as @Oscar Moncada.
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28 October 2020 | 11 replies
If you are selling to another investor, they just step into your shoes.
18 October 2020 | 4 replies
If you were in my shoes, how would you find buyers looking to purchase great deals out of their normally operating farm area?
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18 October 2020 | 4 replies
Plus I'm very bias toward apartments so if I were in your shoes I would look into passive investments through a syndication.
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20 October 2020 | 9 replies
I like a dark brown that kind of looks like dirt, if you have the tile to pull it off, because after a year of greasy, dirty feet and shoes it will be the color of dirt even if you seal it.
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20 October 2020 | 9 replies
It's not 100% black and white, but here's a good article on it: https://www.law.cornell.edu/we...If I were in your shoes, I'd call the agent's managing broker and ask if they have any thoughts before you file a formal complaint with your state's real estate commission.