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17 October 2024 | 4 replies
Hello @Roberto Rohann,Some lenders do not run municipal searches so some of issues mentioned wouldn't affect your ability to obtain a loan for the property.
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17 October 2024 | 3 replies
It is illegal to discriminate against a tenant based on their source of income so I would advise against even mentioning this in any way shape or form.Are you qualified to purchase expensive RE?
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18 October 2024 | 29 replies
If they didn't respond kindly to sincere attempts to fix the problem, I'd mention your attempts.
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17 October 2024 | 3 replies
It does have a new roof.Zillo shows it at $474 K and they mentioned asking $420.
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23 October 2024 | 22 replies
Every asset you mention, you have a side reason why it won't work.
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19 October 2024 | 25 replies
@Sanjeev Advani While this may be a good talking point what no one is mentioning is that with most of the federal land areas there is NOTHING there to draw people to want to live there.
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17 October 2024 | 6 replies
A lot of people mentioned Facebook groups, and that may be the best source for what you are looking for.
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18 October 2024 | 7 replies
For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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17 October 2024 | 4 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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20 October 2024 | 32 replies
@Ndy Onyidoreplying your strategy on #3, I will add the following for you to consider.Most of these properties as @Rick Baggenstoss had mentioned are run down , townhomes, land lots.There may be additional liens on top of the tax lien, such as HOA lien. also with the townhome communities, some of them has rental % restriction; meaning the HOA only allows so much % used for rental. the rest has to be owner occupied.