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28 December 2015 | 44 replies
I'd like to thank the academy, and all the other investors that leave the low hanging fruit of public data and all the deals it brings!!
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14 June 2015 | 18 replies
First because I love investing and tapping into my entrepreneurial juices.
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9 June 2015 | 6 replies
So far it has been a very fruitful relationship
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23 July 2015 | 16 replies
All the fruits of the land, ability to profit from any parcel of land is anchored in the rights and interests that are conveyed in the property or a contract.
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22 December 2015 | 6 replies
It´s a very competitive market and the low hanging fruit is long gone.
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11 June 2015 | 1 reply
Its kind of a pain to wholesale compared to houses and often the juice isn't worth the squeeze.
19 October 2015 | 34 replies
Then turn the lots into community gardens were the neighbors could grow veggies and fruits and do it all on the honor system..We see that here in Oregon there will be a little stand in front with freshly harvested fruits or veggies with a donation can ( Coffee can) and you just pull over and grab some tomato's or such and then leave your money in the donation can.. and every few days the volunteers that are tending the garden come by and empty the can.. and use that to buy things to better the garden...
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8 July 2017 | 24 replies
Finally, luckily, I think you will have a far lower labor rate than me, but with an 80's fourplex, so many aspects are coming to the end of their useful life, that you really have to think up to 10% maintenance and repair (and maybe that much or more for capital reserves) as people have squeezed these lemons for all the juice.
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27 October 2015 | 5 replies
There are rules, like 10% , but maybe the exceptions swallow the rule with older rentals....I have a 80's era fourplex and it had some deferred maintenance, so repairs and maintenance eclipsed the 10% mark in early years (previous owners squeezed all the juice from the property).
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11 July 2016 | 59 replies
@Bobby Holley here in Oregon its very tough for deals @Michael Moikeha as Michael alludes to its not Georgia were I could fly into town and snag 3 nice deals in a weekend LOL ( cash in pocket of course)First off NO hard money lender is going to go into second position on your proposed deal so forget about that.. not sure why no one has mentioned that yet.And if you don't give a capital partner enough juice its hardly worth the effort I would never do this deal on a % basis for only 3 months.. make a whopping 1,500 bucks or so who cares about the APR your a one and done investor not worth the thinking about it and the due diligence. .. given the risk that you may not really know what your doing and I could get wiped out completely since I am in a junior position...