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20 January 2025 | 7 replies
IDK pets can certainly do damage but with a decent long term tenant I tend to want to preserve the relationship.
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18 January 2025 | 8 replies
As a long-time GC, I wouldn't care how you paid me.
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23 January 2025 | 2 replies
I think access is a major stumbling block to the Oregon coast. its just a long way from everywhere.. and the amenties as you state that are missing.Its super popular though for Oregionians no doubt.Keep in mind though from Jenner CA north through Ft.
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21 January 2025 | 5 replies
If you want good contractors out there quickly , pay their price and pay it quickly . 12 months is too long , we can build a 3000 sq ft house ground up in 3 months .Â
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17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
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14 January 2025 | 23 replies
Sub-to has been around for a very long time.
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16 January 2025 | 3 replies
Q2 is most important:Â If the mortgaage is upside down, it would have to be an approved short sale and that could take a very long time to rectify.
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25 January 2025 | 7 replies
However if you aren't doing mass scale, we definitely suggest letting the contractor handle material purchasing.As long as the client has all of the materials at the jobsite, place them where they go, they are all the correct type/fit and there are all of the misc parts (adapters/special hardware/etc) needed to do the install.
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17 January 2025 | 6 replies
Equity from sale can go to the new property AND a DST/TIC tax free as long as I have at least a mortgage/debt of 225k on that new property?
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21 January 2025 | 13 replies
Hi Robert,Given you are looking to buy another rental (long term), a cash out refinance on the existing property would be a good play here.