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17 November 2018 | 3 replies
Network here on BP online and attend your real estate investors association and network offline.
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14 November 2018 | 7 replies
Also there is no mention of business so my guess is there might be fees associated with that use.
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1 December 2018 | 12 replies
Were you provided with copies of the lease agreements and associated bills (utilities, service reports, etc) of the property?
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16 November 2018 | 3 replies
Conventional, VA, or FHA and I kind of came to two conclusions if I had the down payment and wanted to allocate money toward my first property I would do that because it would allow me to get the best rated and lowest associated fees and what not.
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22 November 2018 | 22 replies
@Jacob Breazile - Make sure to account for the following expenses:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance Property Hazard InsuranceFlood InsuranceEarthquake InsuranceUmbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) Water § Sewer § GarbageElectricityNatural GasPropane9) General Maintenance (usually 5%) Upkeep § LandscapingSnow removalRepairsNew Appliances10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.)
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17 November 2018 | 55 replies
Your investment has to outpace inflation AND the associated cash flow & compound effect thereof.
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26 November 2018 | 5 replies
We pride ourselves on taking care of anything associated with real estate, whether commercial or residential.
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10 January 2019 | 7 replies
You won't have to pay legal fees and the borrower will pay all the costs associated with refinance
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25 November 2018 | 12 replies
The realtor association has good information on which politicians are pro/against private property rights.
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16 November 2018 | 2 replies
I use Rand & Associates in Roswell.