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5 December 2014 | 12 replies
They rent fairly quickly due to being nicer properties with nice amenities (all have new laminate and carpet flooring/stainless steel appliances/new fans & light fixtures etc)My current financing plan is to convert the adjustable loans to fixed rate terms with my business partner co-signing (She is a nurse anesthetist).My main concern is finding financing once I quit.
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2 December 2014 | 53 replies
If we had to be carefully placing our 110 gallon in our own home, you can guess the concern a landlord might have with a tenant wanting one in the rental property.In addition, if they're "into" salt water it's not unusual to include additional weights from refugiums, protein skimmers, chillers, lighting ballasts, etc., etc., etc. etc..
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30 July 2014 | 11 replies
He told me he changed all light bulbs to CFL light bulbs and check all cables for shorting when I pressed on exactly how the preventative maintenance was done.
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3 August 2014 | 2 replies
Go through existing tenant files to see who should go to eliminate the bad elements who should have never been approved in the first place.Add lighting around the property to keep areas from being dark around access points.
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19 May 2015 | 16 replies
seriously guys, look into cheaper ways to buy. using the funds from a re-fi from one house to buy more than one new house is growth. growth is what you want to do. make your money work as hard for you as you can. finding houses that are dirt cheap is the answer. there are several ways to buy real estate that are nonconventional. several years ago, the federal government restricted the number of foreclosures a bank can put back onto the market. consequently, that forced the banks to hold onto the less than desireable foreclosures and market only the best that they have. that added to the carrying costs of the remaining houses that they could not market. finally, they had to make a decision; hold onto those houses until they could market them, or dump them in light of loosing the carrying costs. most banks chose the latter. so, now, you have thousands of houses that the banks just dumped back to the previous owners by filing a release of lein with the counties that they are in. legally, you have a house that the bank no longer has a claim on, and the previous owners either do not know they own it again or they don't want it. there is potential for a hell of a deal.i bought one for $2000 on a tuesday and sold it for $10,000 on thursday. i also bought one for $2250 and picked up the back taxes for $4000. that one i am holding onto to rehab and will be worth $50k when i am done. tax sales are a great place to pick up extraordinary deals too. your problem is NOT on your cash end, its on your buying end
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25 December 2014 | 6 replies
Hi all,
My new rental has low water pressure when you run the shower and sink at the same time. Any thoughts what the problem might be??
Thx!!
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6 August 2015 | 75 replies
It was simply a lot of research into finding great looking materials for investor pricing, intuition, and a general understanding of what people like (opened and flowing, lots of light, etc).
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23 December 2014 | 29 replies
Let's assume 3% of rents per year to go toward a savings for these items.Make more assumptions about any month-month maintenance you may need to do such as lawn maintenance, snow removal, fixing lights and faucets etc.
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28 February 2015 | 15 replies
The system produced acetylene gas which was used for lights, cooking, and sometimes hot water.
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1 February 2024 | 17 replies
LTV varies as to types of properties from portfolio lenders, an SBA loan may go to 80% on an office warehouse, it may be 60% on a mom and pop dairy queen, it might be 70% for light industrial and combined loan to values, as with purchase money second mortgages may exceed 80%.