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5 September 2018 | 68 replies
At the same time, if your plan is purely hinging on speculation, I would likely say you are gambling more than investing.
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2 September 2018 | 50 replies
@Caleb Heimsothwe fixed through snaking with a plumber temporarily. its been two months and no backflow. but i will need to replace the pipe from house to main sewer. i have a tenant in cordova leave after one year and left the house dirty and cosmetic rehab needed the joys of being an OOS landlord lol.
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19 September 2018 | 4 replies
The property is purely an investment asset of the IRA.One invests their IRA in a vacation rental because that vacation rental provides the best possibility of return on investment to the IRA, not so they can use it.
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11 September 2018 | 12 replies
@Anthony Wick that's called pure luck!!
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31 August 2018 | 15 replies
Do this often and you will discover the joys of investing and negotiating - and will make a ton of the cash and equity.I should mention when buying and negotiating seller financing - offer a principal mortgage - when doing this, you can offer more for the property since there is NO INTEREST - an important clause in the mortgage is that it should be fully assumable without qualification and that it is a subordinated mortgage (meaning that you can place the first mortgage on the property, the seller financing becomes a second mportgage and subordinate it to a new first mortgage.)
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31 August 2018 | 0 replies
This is a first-run analysis of this property: my numbers may be off, and some are purely speculative.Based on current numbers, it's not a good deal.
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3 September 2018 | 85 replies
the few MHPs I have owned over the years whilie reposition plays IE cleaning the tweakers out.. were a little easier.. and once stabilized Much easier.. we just gave them the MH and just charged space rent.. that is what I do when ever I buy a park I either sell those single wide's for a few grand or give them to the tenants.. so I value them purely like a lender would just on pad rent.. not on the house rent..
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1 September 2018 | 8 replies
That’s a different approach than focusing purely on cash flow.
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2 September 2018 | 2 replies
Without knowing what you’re looking to do it’s hard to say if a condo will be a good idea-I personally tend to lean “no” as a pure investment but can be okay if there are other pieces that outweigh the negatives.
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5 September 2018 | 14 replies
@Doug Burrell None of those, just pure curiosity.