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6 July 2021 | 28 replies
The profits just won't be as fat or ridiculous as the typical "yo i bought a house for $100k, put $30k into it, and sold it a few months later for $200k after listing it for $225k" kind of deal you read on here.Even if you manage to make $5000-$10,000, the experience you got from this is worth far more than that, and you got to make money at the same time.
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13 September 2017 | 7 replies
This was the same math done when you purchased the triplex, if you purchased it as an owner occ and used the rental income to help qualify.3) If you want a rational reason why non-owner occ math is more generous than owner occ, consider that non owner occupants have to put big fat down payments down, and have more skin in the game generally. 4) Rental income (anything about it) is frequently overlayed.
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22 May 2017 | 24 replies
If they accept my offer, I know I'm making a fat check, and that is why I make it a point of telling sellers I have ZERO contingencies.
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29 October 2008 | 17 replies
This is dangerous because the seller has an incentive to minimize expenses in order to make the investment look as attractive as possible in order to get it sold; the real estate agent stands to earn a fat commission check.
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24 February 2014 | 9 replies
Thank you Pros.PS- I heard that there are fat margins on windows so maybe a motivated supplier on a diet will sell them cheaper?
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26 December 2019 | 9 replies
Having a non cash flowing house with a heloc on it is like marrying a big fat Chic with long blonde hair .
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12 April 2016 | 11 replies
Don't give up a 4 plex,improve the situation.Improve the property and get better tenants for higher rents.Work the problem,you will regret giving someone else your profits after you sell it.Agents will tell you anything to get you to sell and give them fat commission checks so get honest opinions from people who get no profits from your property.
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24 January 2018 | 16 replies
Typical Milwaukee 4plex mechanicals, furnaces and water heaters centrally located in the basement.I would not be doing them myself, those days are behind this fat old Sicilian ... ;-)
18 September 2019 | 58 replies
If you choose sugary, fatty junk food, you're gonna get fat, but we never blame the store for fat people.
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9 February 2012 | 9 replies
With whatever your high salary is, that 401K will be nice and fat in 8 years and will only compliment your other investments.