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7 November 2024 | 6 replies
@Brody VeilleuxTo maximize returns on multifamily housing, focus on mid-grade updates, amenities, curb appeal, utilities, exploring additional units, creating flexible spaces, and refinancing with a value-add record.
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8 November 2024 | 3 replies
I have not bought from auctions due to the horror stories, but I have to be honest when I say that some of the prices on them make damn appealing.
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31 October 2024 | 17 replies
Hello everyone,I am looking for insight into professional services for property tax appeals.
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11 November 2024 | 16 replies
The sooner I get this paid off, but sooner I can go back for more and it will look more appealing to other PML
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4 November 2024 | 2 replies
I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?
4 November 2024 | 11 replies
Thanks a lot for the replies @Chris Mason and @Gregory SchwartzOur lender said we can do a bridge loan but its around 11%.. id bring in 20% downpayment max, dont want to put too much personal assets into it and the issue is for yr1 w low rents and renovations its def a monthly -3-4k loss. def want an 8% or lower rateNot sure if lenders are ok with an initial cashflow loss, once its renovated we can have market rents and its a great deal after. it listed at 1.495M and we'd offer 1.2-1.25M. i understand the living in part doesnt necessarily bide well with investment focus, but for us thats a big appeal that its in a nice area to even live in
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5 November 2024 | 15 replies
Personally, now that I’m middle aged the thought of continuing to share my living space with roommates has lost its appeal.
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6 November 2024 | 34 replies
I also see where you’re coming from regarding the no state income tax—it can sound great, but when property taxes offset any savings, it loses appeal fast.
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21 November 2024 | 305 replies
The thought of having to chase a 2nd bill isn’t appealing especially if the bills are in my name and there isn’t much recourse on my end to force the issue.
3 November 2024 | 0 replies
Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.