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27 December 2015 | 5 replies
I have forwarded all pertinent docs to the buyer, know that the buyer has been in contact with the city and the architect, and I've given permission (at the buyer's request) to release stamped plans to the buyer.Assuming there is nothing abnormal about the property or the status of the development, can the buyer back out because the DD would indicate that the price was too high?
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27 December 2015 | 3 replies
Just noted elsewhere that someone attempting a flip on a 2/1 lost their shirt as the FMV was less than they thought AND could not get an offer even at FMV - - the config of 2/1 are hard to sell.
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14 September 2015 | 6 replies
The 36-unit is in an "F" area and I lost my shirt.
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21 September 2015 | 10 replies
In my opinion it's not worth the risk of losing your shirt by not knowing the actual numbers.ARV - Repairs Formula: $200k (arv) - $75k (repairs) - $20k (carrying) - $40k (profit) = $65k (67.5% off)% Off ARV Formula : $200k (arv) * 50% off = $100k (You would lose your shirt)
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16 September 2015 | 1 reply
Know your market, I was lucky on that first investment, had the market been declining I could have lost my shirt.
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20 September 2015 | 4 replies
Spend too much in lesser neighborhoods and you may lose your shirt.
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26 October 2019 | 9 replies
Search on the web and you can see that there are service animal certificate sites that will provide doctors who will rubber stamp (always approve) that the person benefits from/requires the service animal.
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11 November 2015 | 15 replies
@Max James I don't think you want to be heating it to the point that your tenants are sitting around in shorts and a t shirt.
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2 October 2015 | 3 replies
Pushing prices can be done in hot markets but its also a wonderful way to overbuild and lose your shirt if the market turns.
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5 October 2015 | 6 replies
Personally, I take dated and time stamped photos of our work, require signed contracts and change orders for work to be performed and text or email any important information relevant to the projects completion all in an effort to document just in case.