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26 January 2025 | 2 replies
Its my understanding through my reading/research that 35% is the typical number.
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24 January 2025 | 0 replies
Understand Realtor (Agent) Fees- In Germany, real estate agent (Makler) fees are typically paid by the buyer and can range from 3-7% of the property purchase price, plus 19% VAT.- These fees are due at closing and are part of the overall transaction costs.6.
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22 January 2025 | 7 replies
I get a lot of applications from out-of-area people, typically moving from another state.
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29 January 2025 | 3 replies
Google permit expeditor or ask the county who typically is used.4.
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27 January 2025 | 6 replies
The $380K insurance payout is typically not taxable if used to restore the property.
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24 January 2025 | 6 replies
Golan,There are typically two reasons why a property listed on the MLS hasn't sold: either it’s overpriced or there’s an issue with it.
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20 January 2025 | 3 replies
The typical DST that an informed investor would seriously consider is only available for 80-120 days.Happy to chat nuances if you’d like to DM me.
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10 February 2025 | 16 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
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13 February 2025 | 95 replies
It's good in that they don't have a lot of sale pitch, typical none in general meetings but ccasionally they bring in people with programs.
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20 January 2025 | 5 replies
Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.