10 December 2024 | 13 replies
But its definitely one of the three issues. 500k houses should generate at least 10% of revenue all day long or you should sell the property there and buy somewhere else that gets that.I would actually guess if you're open to all areas, you can find something that hits the 12 to 14% revenue.
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9 December 2024 | 16 replies
There are DSCR lenders who have a three month seasoning period to use the new appraised value for the cash out refinance.
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7 December 2024 | 14 replies
Just getting my feet wet out there over the last three years and its good to see the post and the additional feedback from some really savvy and experienced investors.Built about 10 cabins last year as I talked my ex brother in law into moving out there two years ago and getting our gc license.
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2 December 2024 | 10 replies
I have nightstands with glass tops so there are no rings from drinking glasses.
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4 December 2024 | 1 reply
An example of this is I had one trash company that collected the same three containers for $90 less than the in place trash removal company. $90/month X 12 = $1080 increase in NOI, at a 10% cap rate that small change increases the value of that property by a whopping (1080/10%=$10,800)!
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3 December 2024 | 40 replies
I love Rochester, and I have helped three mentees purchase there too.
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6 December 2024 | 3 replies
I understand the first parts where creating a win-win deal is key, I just can't seem to find what happens When it comes to closing real estate transactions, there are basically three ways to do it: (1) do it yourself (2) utilize real estate attorney or (3) utilize title co.
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7 December 2024 | 18 replies
Woman #2 was his partner for the last three years until his death.
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4 December 2024 | 6 replies
I spent three years in Dallas and there are some great deals to be had there.
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4 December 2024 | 0 replies
I ended up renovating the home completely and was able to increase rent and secure another 2 year tenant with three garages rented.