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6 April 2015 | 13 replies
I prefer not to share my experiences on the publicly as not to be "attacked" by people defending or promoting.
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12 April 2015 | 7 replies
Learn as much as you can before you spend a lot of money there however, and it would be a good idea to have a very clear plan of attack that includes a pushing to TDA's, using a very good and experienced foreclosure attorney (these guys can make or break you), and then a liquidation plan in the case where you actually end up with a property.
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26 December 2016 | 151 replies
@James DeRoest that's a completely different subject IE the class of rental property to buy.and our 100% correct long distance land lording has its ups and downs like any investing.. and or choosing the cheap properties with the bottom of the barrel tenant pool... those are not investments those are business's... and if you don't attack that asset class as a business and have business that is of scale and just think your going to buy 1 or 2 of these.. then I agree with you.. most of those landlords fail and sell for a loss.
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13 April 2015 | 20 replies
Attack all you wish but your posts don't lie.
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4 October 2015 | 10 replies
Rent to own has been attacked by Dodd-Frank, predatory dealing and lending laws, accounting changes, how insured banks/lenders may treat credits to a sale price, how appraisers may appraise a property with an option contract and how equitable interests are treated in eviction and foreclosure requirements, to mention a few of the current issues.Short of saying "if you try to do a rent to own today as a seller, you're an idiot" don't know of a clearer way of saying stop doing rent to own contracts to tenants!
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1 October 2015 | 29 replies
Attacking people, especially newbies, certainly would not encourage them to come back for more "education."
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21 December 2015 | 35 replies
I'm not attacking you, but it's blanket statements like this that confused me in the first place.
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9 October 2015 | 5 replies
They are currently asking about 145k for the duplex each side can rent for about 900 easy.In an ideal world when i have a plan to attack these issues i want to propose this property to a mentor of mine and see if maybe we can partner on it.
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28 April 2016 | 9 replies
As Ed pointed out, look at the macros in your market and develop plan to attack to the segment you will operate in best.
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4 May 2016 | 9 replies
Now the problem I am facing here is that it's classified as a 3/2 this area is about 1,595 sqft and here is where it gets interesting there is also additional 1,618 sqft of space that includes an additional kitchen and 2BR and 1BA with it's own separate entrance, the county website includes the additional space as a semi finished space but not the bedrooms and bathroom so it's basically seen as a large space The only similar comps are a 3/2 @ 1,530 sqft which sold for $305,000 on an acre lot and a 5BR/4BA with a pool @ 3,170 sqft which sold for $490,000 where I am getting confused is should I assume the property as 3/2 since the county only sees it as a 3/2 or a 5BR/3BA because thats what's there.I do have a few days to decide but I am looking to either bring in a partner or a hard money lender on this deal so if anyone has any knowledge on how to attack this one I would greatly appreciate it