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27 January 2025 | 5 replies
At the end of the day; you need more money to do something like this.MAX LTV on new builds is 80% LTC, Meaning if the build is $550,000 and Land is XAdd ($550,000 + x ) * .8 = LOAN AMOUNTYou would need to come in with MINIMUM 20% of the cost in addition to closing costs and reserves, $80,000 is not going to cut it for this project.
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14 January 2025 | 1 reply
I want to reach out and get feedback on where I would be able to find off market self storage facilities and how to approach the owner?
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26 January 2025 | 5 replies
Hello Everyone,I am currently in the market for a knowledgeable and proactive real estate agent in Florida to assist with sourcing high-potential Fix-and-Flip opportunities.
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13 January 2025 | 5 replies
In general I have unfortunately never gotten much return on any social media marketing.
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21 January 2025 | 1 reply
In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).
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22 January 2025 | 2 replies
Spent a summer weekend hunting for on-market deals on days off with a realtor.
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31 January 2025 | 6 replies
@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.
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7 February 2025 | 31 replies
Would love any additional info and the chance to check it out!
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22 January 2025 | 4 replies
@Edgar Duarte Selling now under the primary residence exclusion avoids capital gains taxes, allowing you to reinvest the $500K equity in diversified assets like index funds or additional rental properties.
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6 February 2025 | 9 replies
To find value on residential 1-4 unit properties you could ask your realtor to run comps or complete a CMA(Comparative Market Analysis) on a subject property once you find it.or you can find the value on your own.We use prop stream to run comps.