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8 November 2022 | 6 replies
@Nhi Nguyen I believe that the laws about deaths in properties vary from state to state (and I'm not familiar with these laws).From an investment standpoint, if the death in the property demonstrably lowers the property's value, then yes--I'd either offer less, or just avoid the property entirely.From a personal comfort standpoint, people obviously have widely varying reactions to deaths in properties...some people would be completely unwilling to buy or live in a house where a death occurred, and other people don't care.Personally, I've lived in old houses all my life, and I presume that people have died in those houses (it's almost a statistical certainty for a 120+ year old home)--and it doesn't bother me at all.
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19 February 2022 | 35 replies
There is a reason Detroit is always in the top 1 or 2 in crime statistics.
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13 November 2021 | 13 replies
You want to look at a few different statistics. 1.
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5 August 2021 | 6 replies
This question comes up a lot and there is no right answer...Ohio is the 7th most populous state in the country...we have 3 major metropolitan statistical areas (MSA's) with over 2 million people each in Cleveland, Columbus, and Cincinnati...and 3 large secondary markets; Dayton, Toledo, and Akron...all hold opportunity.
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3 June 2019 | 1 reply
What are the criteria you look for in a healthy market, what are the key economic data points or statistics you're looking at, and what websites and sources are you using to gather this data?
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14 June 2019 | 11 replies
I’d say study applied economics or statistics instead.
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10 June 2019 | 4 replies
@Harrison HodsonI don't know your market and price point but based on rent to own statistics you will most likely not end up buying the property.I'm a really big fan of house hacking (I'm currently house hacking and it's the best decision I've ever made), I was paying about $700 in rent and now my mortgage is $621 and my tenant is paying me $725. of course there are some other expenses but i'm basically living for free.
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21 June 2019 | 28 replies
Until the mid 1940’s, most Americans did not own their places of residence.Big banks and their activities could be argued to have been the catalyst for the “American Dream” of homeownership becoming the majority statistic post-1950.
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11 June 2019 | 2 replies
Capital gains is filed on your federal income return...you'll need to start focusing on city's or metros statistical areas to get a better idea on local tax...and even at that, you'd be an out of state investor...so different tax basis.
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14 June 2019 | 34 replies
Statistically, I've got longevity on my side vs. several of the nasty residents -- My suggestion is to make an assessment vs dues increase if it won't go through.