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29 July 2024 | 3 replies
Did a contractor walk this property with you as well?
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29 July 2024 | 6 replies
Is it better that the seller's mortgage gets paid (by someone else) and the property turned into a rental or should the seller simply 'walk away" and stop making payments and the property become vacant ?
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29 July 2024 | 3 replies
A flipper I know didn't follow his recommendation and applied Killz (water based in CA) and during Realtor walk through, prospective buyers complained of cig smell.
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28 July 2024 | 17 replies
I would bit up to 350k depending on how the walk through goes prior to auction.
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29 July 2024 | 4 replies
I think it is better to connect with many GCs, find the ones you want to work with the most, and have them walk properties and provide bids for you.
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30 July 2024 | 9 replies
Don't let your tenants walk all over you.
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30 July 2024 | 12 replies
Had they refunded my tenants application fees I would have just walked away.
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29 July 2024 | 10 replies
Most of their money is walking out the door unless they are there 24/7.
29 July 2024 | 40 replies
If you do the latter, you need to screen the new person the same way you did the first person.I offered to let her have roommates, but she doesn’t want to deal with it because she has no one that she would trust to do it.She said “You know I have a big *** dog, but you didn’t know that I like to walk around the house naked too” hahahaSounds like I’m losing this one.
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29 July 2024 | 5 replies
My current primary ( scenario 1) Keep the primary for the life of the loan ( current rate is 4.5 so i dont see my self refinancing anytime soon)current home value 1,150,000Loan amount 935,000appreciation estimate 5% per year after a 28 year hold and the house is paid off I would have a house worth 4,312,000$my current mortgage is 6125$ ( piti) included My second option( scenario 2) Sell the house, walk away with $150 ,000 ish in hand and put that into a low cost index fund Rent a house elsewhere for about 3000$ ish and take the extra 3000$ im saving everymonths from not having to pay my mortgage and puting that money in the index fund as well I ran the numbers on both of these scenarios and doing what I mentioned above would break even at about 28 years meaning my stock account would be worth 4.3 million just like my house would , but the only is that holding a house for 28 year would mean 28 years of property taxes, loan interest ,home insurance and repairs etc whick I calculated to be about 1,200,000$ at minimum which raised my eyebrows to say the least Also i understand that each of these options ( stock market vs real estate ) will have there tax consequences ( long term capital gains) so any thoughts on that would be appreciated as well.