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18 April 2019 | 16 replies
., Thus far I've received an E-check for approximately $247 for a portion of the first month's rent.
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20 November 2017 | 3 replies
BP won't let me post his phone number or e-mail, so shoot me a DM or run a google on his name.Also, if you are building your investor list for wholesailing, feel free to add me on there.
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5 April 2018 | 10 replies
Oregon is 10 in the country for fewest defaults and highest credit of borrowers for homes.. wholesaling would be extremely hard without major budget and you defiantly need to be licensed to sell property you don't own.. state will get all over you if U try the tie it up put it on craigs list or have a website or blast e mails.. one complaint and your toast in that regard.. you need to have your financing lined up so you guy then resell.. flipping is alive and well.. but again much much bigger dollars involved than in GA ( at least most parts of GA... its like working the expensive parts of ATL price wise.although you can still flip in the high 200 to mid 300 range but there is virtually nothing at or under 100k to buy .. lots sell for 100k and over.. rural Oregon will have cheaper properties but much harder to sell with lack of buyers.. but one thing is for sure if you do a nice job on a flip and price it right it will sell in 2 to 4 weeks at full price and you don't have to worry about folks getting loans and such.. this is not a credit challenged area like much of the deep southas for paid trainers there are good ones and there are tons just selling rehash of those that came before them remember there is not very much that's secret or knew in this industry other than tighter regulations and most guru's are not worried to much about tighter regulation as it cuts down on their conversion rates to the mentor programs as noted above.
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16 August 2018 | 12 replies
Be prepared to resolve them after you get the property Will an O&E report uncover all liens & judgements against the property & owner/s or is it best to check them all out seperatly ?
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18 November 2017 | 2 replies
Can rental income from a basement unit in my primary residence improve my DTI after I report the income on my schedule E?
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20 November 2017 | 30 replies
Definitely don’t buy at market value for a rental with 100 percent financing.From what you e described I’d recommend saving more.
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22 November 2017 | 6 replies
. :)- IRS form Schedule E for reference.- Any expense on line 18 "depreciation" can be "added back" to income no questions asked (your new roof being depreciated over X years being a good example), meaning that it will have zero impact on your DTI.- Any expense on line 14 "repairs" can only be added back with a bunch of supporting documentation matching exactly & based on a human underwriter's judgement call on the "one time" nature of it (and how that underwriter's mood is on that given day) on a one-off basis.
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1 December 2017 | 19 replies
I totally understand that he's likely not going through every e-mail individually.
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6 July 2020 | 24 replies
My favorite areas are close to NC State University, Holly Springs, Knightdale, E Raleigh inside the beltline, parts of Durham, and Apex, but all for different reasons.
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25 November 2017 | 9 replies
I come from a professional commercial construction background with a Bachelors in Interior & Environmental Design and I currently work from home in E-Commerce/Marketing (hoping to blend all these backgrounds into a real estate investing :) I had a specific opportunity recently come up that I'm needing some advice on...