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28 February 2019 | 2 replies
Due to the age, the patchwork of plumbing, and likely daisy chaining of multiple unit's water supplies, separate metering is not feasible.With that said, each unit has a different mixture of fixtures which makes doing a ratio by headcount debatable.Each unit has a kitchen sink and full bath; those details are not included below:Unit 1: 1 adult, WasherUnit 2: 2 adults, 2 kids, Washer, DishwasherUnit 3: 5 adults 1 kid, WasherUnit 4: 2 adults 1 kidWith respect, I know some may suggest including it in the rent and that is an option that I am weighing, however, my focus is more on the formulaic solution to encourage reasonable usage.Many Thanks!
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8 March 2019 | 13 replies
But if you’re aiming for May 1st then you have a little more time to test the market and can do it more gradually.It’s an iterative process and there’s no right answer here, it’s a mixture of what the competition is doing, front line response to your marketing (calls) and back end feedback you get from calls/appointments.
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20 January 2019 | 81 replies
Accordingly, he laid on three coats of product when sealing the top cabinets: the first was a 1/2 and 1/2 mixture of mineral spirits and oil-based polyurethane, to seal the wood.
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21 January 2019 | 3 replies
I remodeled the property including new flooring, scraped off pop corn ceilings and new bathrooms.
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7 November 2018 | 12 replies
I know the most important things is the numbers so here are the numbers:asking: 102k price , 10 % int, 2k down, 868 mortgage, 30 yr note, 1541 taxes, >10k approx rehab, arv 80k (long term buy/hold investment)appreciated 48% in the past 3 years close to downtown where major gentrification is occurring and increasing influx of people moving to san antonio. projections of 2 million in 10 -20 years(SA city meetings)negotiated: 99k cashflow $50 a month best case: 80k with cashflow 100 a monthmy plan to negotiate will be to either win cost at close to 80k or win at terms with lower interest rate with lower note. this will be a mixture of a "live in", "house hacking", "BRRRR" the home is 4 bedroom one bath(horrible i know), we plan on me my wife living in the smallest room, rent out the room to a family member and a friend at 400 each. that in itself should cover the mortgage, me and my wife currently live with my grandmother and plan on living at my gma's half the time. the wholesaler states we must live in the property i will talk to a friend who is a RE attorney to look over the paperwork for potential problems with my plan.
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11 November 2018 | 18 replies
I would be interested in trying a mixture of rehabbing and rentals, depending on the scenario.
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10 November 2018 | 12 replies
You currently make about $3,000 a month from rentals so you have a long way to go.If you buy a single-family home that cash flows $250 then you would need 36 homes to meet your monthly requirement.If you buy a four-plex and each unit cash flows $100 then you would need 23 units or eight four-plexes to meet your goal.You could also buy a single 24-unit apartment complex and meet your goal.Or you can do a mixture of property types.
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11 November 2018 | 21 replies
A marijuana job is the same as a farmer...except that it's not.Weed is still illegal on the federal level and in most states, whereas corn and beets are not.Weed is smoked which can irritate the neighbors and cause damage to the home, whereas potatos and cabbage are not.Weed can be accidentally consumed by children or animals, causing major health problems or even death, whereas sweet peas and asparagus do not.Legalized weed, just like legalized gambling, tends to attract the criminal element and people that engage in other risky behaviors, whereas carrots or radishes do not.Other than that, I think they're pretty much the same. ;)
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13 November 2018 | 6 replies
We usually have between 12 and 20 people show up... mixture of investors, agents, lenders, etc.