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8 December 2024 | 11 replies
@Aaron Gordon we did the student rentals down here in Narragansett for a long time and the more accurate screening was getting the major.
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17 December 2024 | 9 replies
If I wanted to be contacted these ways, I'd include this info in the ad listing.
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17 December 2024 | 12 replies
The Economic Development there is focused on building competitive regional talent, diversifying the regional economy, transforming Montgomery's image and building diverse community capacity.Major economic drivers to the area include Hyundai manufacturing, Maxwell & Gunter Air Force Base, major Amazon distribution, Alabama State Capitol, Alfa Insurance, Kinpak, H2 Pharma, Dollar General transport/logistics, Dow Chemical, and Conner Industries to name a few.
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17 December 2024 | 16 replies
I can build a 1,000 sq ft cabin including land and holding costs for about 350k or so and the cabin will appraise out for about 500k to 525k and will produce gross rents in year 2 between 50k to 60k.
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13 December 2024 | 4 replies
Do you have the Capacity/Ability to close, do you have the Character/Credit to close (including relevant experience), and do you have the liquidity to properly provide enough collateral (are you injecting enough into the deal).
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14 December 2024 | 36 replies
I have been living OOS for 10+ years doing Sec 8,,, Love it. 15% ++ NET caps based on cash purchase Buy right, reno right, rent/screen right,
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8 December 2024 | 28 replies
Also, any best practices for room rentals that you recommend for screening and keeping tenants.
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17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
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15 December 2024 | 6 replies
For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).
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9 December 2024 | 6 replies
I ended taking over the listing and screening tenants on my own through Zillow.