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26 December 2024 | 2 replies
What are the issues to pay attention to in Kansas City?
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10 January 2025 | 2 replies
You pay for the basement reno out of pocket and cash out immediately...instead of waiting for 6-12 months
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13 January 2025 | 10 replies
@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this
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12 January 2025 | 23 replies
Paying for the fundamental knowledge of how to invest is total bull$hi+ and it makes me mad.
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2 January 2025 | 4 replies
Granite, I know CA tends to see a lot of this; more than likely due to a lot of people owning Solar.My question is the owner that has a lien status associated to this Lien description (Notice of an Independent Solar Energy Producer Contract), is this a standard practice of just owning Solar (thus wasting time prospecting these individuals) or does this simply mean they (the solar company) took out a lien against the owner because the solar company is trying to collect their money.
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3 January 2025 | 40 replies
If everyone would simply eradicate that from there vocabulary and replace it with "Realized PERFORMANCE".
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30 December 2024 | 7 replies
"@ Frank ChinIn this specific instance, it is undeniable that a house was built on that property more than 15 years ago simply based on Google Earth data, but you can see by the county assessor records that the house on the subject property was built in 1950 and then the property encroaching was built over the property line shortly thereafter, in 1951.@ Matt Devincenzo,From the info in your post, the land does not seem to have officially been taken by AP.
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10 January 2025 | 21 replies
As mentioned before, you can get away with paying for the draw money, but not using it.
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12 January 2025 | 2 replies
I am about to pay the land cash 500K, then build 10 apartments for roughly 1.5M.
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11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.