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13 December 2022 | 29 replies
Not yet, just the spread between buyer's offer and seller's expectation is slimming down, so I do expect to see more realistic purchases soon.
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29 July 2022 | 9 replies
My question is if I go ahead and post the numbers, can I get a little reassurance that even though this is a slim deal for profit in the end that a deal is better than no deal and I just want to be sure I am correct on the numbers so I don't hurt nobody I don't screw nobody over and I'm completely upfront and honest about the whole thing Also if I may have missed something someone can suggest it but going through the pocket calculator it looks sound and good to me....located in Kimberly Idaho 83341eight bedroom soon to be four bath house monstrosityMLS listing price 400kMy purchase price 360kestimated ARV confirmed by local bigger pockets member Jeremy Orton of Keller Williams real estate and 15 years of agent experience, between 490k and up to possibly 520kestimated ballpark rehab because the house is only 80% done and I have a video walkthrough to share if anyone would like to see it and some of the materials to complete it is already there on site in the house, Maybe 50k in rehabagents commission $29,400closing costs $1691.92 from agentHolding cost is $7,500 for 3 months accounting for electricity water property taxes, insurance etcI'm asking $378,400 flipper profit is somewhere between 20 grand and possibly 49 grand.I'm open to any and all suggestions and I'll look forward to hearing your feedback I have until August 29th to get this taken care of and sold to a flipper and I do have a back end buyer lined up I'm just waiting on a return call or text from him but I'll always want to have a backup b or c plan exit strategy.thank you and I will be in touch.
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27 November 2017 | 30 replies
You are right, the chance to find a property in California that fit in the calculation you learn from BP is very slim.
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28 October 2014 | 13 replies
That doesn't take up to much time for the so called slim pickings.The same pool of buyers Russell refers to are often very busy land lording and rehabbing.
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10 September 2019 | 5 replies
If not and that is consistent, you may be treading slim with this property.Make sure you lock in your confidence for your rent increases.
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12 July 2020 | 7 replies
It's slim pickins over there right now but I'm patiently waiting for something to pop up.
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24 December 2012 | 48 replies
Valid point and sound advice it is too slim, thanks.As far as there being "no profit" I'm (was) still expecting to clear ~15-20k (gross) providing my assumptions are correct.
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29 December 2014 | 5 replies
I have heard of people getting some of there EMD back in a case where the property was broken into or vandalized, but in the general sense if you put it under contract as an investor for a cash purchase and you do not follow through there is a slim chance they will return your EMD.
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12 February 2012 | 17 replies
There is no such limit with VA Vendee homes, but like you said, the pickings are slim.
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25 June 2014 | 14 replies
--Using Sam M's 30-60 days Comp Analysis, looks like houses with 3bd/2ba/2car for roughly around the same Square footage are slim.