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5 January 2024 | 44 replies
Hello @James Figliozzi,Low-priced cities are enticing if your goal is not financial independence.
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9 November 2022 | 67 replies
As the properties sit on the market an offer in the pocket will start to look more enticing even if it is significantly lower than the asking price at least that is what I was taught.
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3 November 2019 | 21 replies
Cash in advance will usually entice many as they see cash as a guarantee of payment however you can demand the advance back if you decide to leave before the lease is up.
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13 August 2015 | 9 replies
If you want to buy a hot property FHA or MA housing you might have to pay considerably more to entice the seller.
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8 November 2021 | 48 replies
You may also be able to find enticing deals in the square created by S Memorial Parkway, Mountain Gap Road, Hobbs Road, and Bailey Cove Road.
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25 November 2016 | 10 replies
I also found this https://www.biggerpockets.com/renewsblog/2010/02/2...Quick summary for you all.Benefits:Access to the MLSExtra income on the commission, 3% savings on every dealDirect control of the dealsHe entices listing agents by working out different fees and dutiesDrawbacks:Licensing- It takes time and money.
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20 May 2016 | 11 replies
Even though I know what they were proposing was absolute garbage, make $115,000 your first flip and we have a classified lists of (R.E.O's), I was enticed and charmed like a snake and a flute.
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17 October 2022 | 21 replies
What kind of equity/cashflow split might entice an investor to be interested?
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23 April 2023 | 5 replies
Do you know of any RE allies that you could JV with or entice a private lender by doing a participation loan, where they charge you a reduced interest rate, but get a piece of the profit?
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12 January 2015 | 4 replies
For even more accuracy, we choose to only use comps that are 1/3 mile away or less, with sales dates within the last six months.Sometimes, even the street can make a difference in the value of a property.If the only comps you have are on very nice streets, but the house you’re considering is on a very “distressed” street, then you have to reduce the ARV.How much is an appropriate reduction is a judgment call on your part.You’ll want to base that call on how much of a discount will be necessary to entice the final owner/occupant to buy this property over one they can get on the “better” street.If the comparable sale that you are using is too different from the subject property, then it is of little value.If you use it in your sales marketing, you’ll lose credibility with your Investor Buyers.An example of a poor comparable is when your subject property is an old cottage fixer-upper, and you compare it to the sale of a brand new in-fill (an in-fill is a new house built on a vacant lot in an otherwise established neighborhood).Rehab dollars vary according to level and detail of the job – everyone has a different formula.As a wholesaler, we suggest a middle-of-the-road approach for estimating enough rehab dollars to get the subject property to look like the comps.You’ll need to spend more on rehab as the ARV increases.Logically,buyers like more ‘pretty-ness’, higher-end fixtures, cabinets, etc. when they’re paying $200,000 vs. when they’re only paying $100,000 for a house.Buy/Sell/Hold costs are all of the costs associated with:üThe purchase (loan origination fees, title insurance, attorney fees, survey, appraisals, etc);üThe sale (real estate agent commissions, marketing and advertising, closing costs paid by the Seller); and üHolding the property (mortgage interest, utilities, taxes, insurance, etc.).