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23 February 2024 | 11 replies
There is no incentive for a seller to do anything other than the bare minimum necessary to satisfy the terms of the agreement.
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23 February 2024 | 8 replies
Thanks everyone I wouldn't follow the advice on utilities and bringing them in or ever do suburban development for builders. it is too small of a market and niche. there are only 7 builders who build more than 50 houses a year in columbus and only 3 have development arms and all of them do their own development. we do land entitlement for multifamily three story walk ups only, barely any Build to rent or BTR either because it's such a small part of the market.
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22 February 2024 | 4 replies
If you look towards motivation, you have access to ALL THE DEALS while if you focus on vacant, you barely have access to ANY deals.
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21 February 2024 | 9 replies
I would imagine they would look at it and ask why would anyone rent a tiny piece of land that barely has space for a home.
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21 February 2024 | 2 replies
Its all well and good when things are going well and you will barely notice but when things are going poorly you will be able to think about nothing else!
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21 February 2024 | 24 replies
As it stands, your house essentially barely kept pace with inflation probably close to a negative real return when you factor that in.
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27 February 2024 | 2053 replies
All these expenses are being incurred prior to the unit being placed back in service, in fact it is down to bare studs right now.
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21 February 2024 | 8 replies
Not to mention when I cash out, the interest rate isn't the same as a few years back where it has almost doubled to where I barely breakeven on these newly attained properties.It seems to be that I need a higher number of units to make it more likely to get the numbers I'd like to see in terms of my goal of ~$5,000/month net cash flow.
21 February 2024 | 51 replies
From my understanding if you do have their SSN there are extra safeguards you need to keep them safe but I barely looked into it.