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5 February 2025 | 21 replies
Tenant shall be charged $[amount] to cover the cost of this force-placed insurance.The other lesson is that you should never hand over keys until you have proof the Tenant has met all requirements.
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11 February 2025 | 0 replies
There are several myths that we have to debunk before someone truly believes they can do it.You need millions of dollars to do a dealThat it’s too complicated to figure outThat permitting takes yearsIn those communities developments cost way less (think a couple hundred thousand along with a loan from a regional bank), permitting is not difficult (much less red tape), and the towns are small enough that both the city staff and the local architects and engineers and contractors all work with you to help you navigate the process since you’re all invested in making your community better.Note: The big boys can play in the primary & secondary markets.
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11 February 2025 | 10 replies
Our program only requires a small 10% down payment on the purchase price and we will fund 100% of your rehab costs.
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4 January 2025 | 16 replies
Interested in learning more about the Sacramento market, feel free to DM me.Purchase Price: $882,250Rehab: $260,000Holding Costs: $60,000Appraised: $1,300,000Gross Rents: $6,800 Have 1.2 into the project and it only appraised at 1.3??
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11 February 2025 | 3 replies
I would make improvements to the property only when doing so would cost less than the value added to the property.
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22 January 2025 | 14 replies
Even 600k loan at 10% interest costs $165 a day.
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10 February 2025 | 1 reply
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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30 January 2025 | 6 replies
If you are looking to buy in PA, its possible you can qualify for PHA KFIT program that gives you a 5% closing cost forgivable loan.
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9 February 2025 | 14 replies
It would be for $120k plus closing costs for a year or two until we could refinance.
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31 January 2025 | 0 replies
If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.