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16 January 2025 | 4 replies
. - Inefficiency with payouts and administration will be compounded as the FAIR Plan has zero experience with a major pay out and lack infrastructure of assessors and technology to distribute the funds they don’t have.
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15 January 2025 | 10 replies
Without new companies creating similar-paying replacement jobs, workers may have to settle for lower-paying service sector positions.
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14 January 2025 | 19 replies
After communicating with a prospective resident (Google Voice #, usually by text), with just a name, telephone number and email, the applicant can pay $55 to provide us with a background, eviction and credit check.
14 January 2025 | 7 replies
Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.
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12 January 2025 | 1 reply
In addtion when the net investment property is ready or on the ARV you can do the same thing pull cash out and pay off the original amount and use the rest for another down payment.
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16 January 2025 | 5 replies
Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck.
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31 December 2024 | 17 replies
Then they didn't pay them and the bad credit goes to someone else!
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13 January 2025 | 30 replies
If your intention is to invest in a turn, and increase rents that much, the tenant in place will most likely not be able to pay the increase.
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5 February 2025 | 69 replies
For those investors using lending we allow 10% down - this is to help offset other fees you will have to pay - points, broker fees, etc.
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11 January 2025 | 7 replies
At this time, I am having to pay all cash in order to close.Purchase price is approximately $600k.