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20 October 2024 | 1 reply
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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18 October 2024 | 0 replies
[NAHB]TP: The overall index figure is driven by three components: Current Sales Expectations, Future Sales Expectations, and Buyer Traffic.
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19 October 2024 | 7 replies
@Ardin CychoszThis is where each party should get an attorneyA buyer and seller who both have no education or experience probably is not going to end well and you cannot have someone representing both of you.Get an attorney and if you cannot afford one then you should reconsider whether you can afford a home.
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21 October 2024 | 14 replies
Just throwing a ping pong table on a concrete slab in the garage is marginal.I had an STR buyer in Conifer, in the mountains outside of Denver, turn a massive unfinished walk-in closet into a little arcade area with two comfy lounge chairs and two vintage arcade games.
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17 October 2024 | 47 replies
Maybe in small town USA with few buyers FSBO would be open to negotiation.
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18 October 2024 | 4 replies
.- Is there a kind of person who could help me with pre-sale improvements (roughly saying, to tell me what is worth replacing, improving, etc and what is not,1 to make the house more attractive for the buyer)?
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18 October 2024 | 25 replies
This means the 50% rule fails now (50% + 60% = 110% --- 10% more in costs than rent), and other cost estimate methodologies seem to yield negative net cash flow.Am I thinking about this correctly?
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19 October 2024 | 16 replies
Although rents increased by 2% annually, the purchasing power of this income is equivalent to $4,325 in today's dollars.Year 10: $5,000 x (1 + 2%)^10 / (1 + 5%)^10 ≈ $3,742Year 15: $5,000 x (1 + 2%)^15 / (1 + 5%)^15 ≈ $3,237Year 20: $5,000 x (1 + 2%)^20 / (1 + 5%)^20 ≈ $2,800Due to rent increases failing to keep pace with inflation, you won't be able to maintain your standard of living.
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17 October 2024 | 12 replies
Do the inspection results/feedback have and impact on the contract with buyer (if yes, how that is handle)?
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17 October 2024 | 3 replies
The buyer was informed from the beginning about the lis pendens.