18 May 2018 | 36 replies
Fixing the self created, and self limiting problems is the most valuable, because these are the simplest problems, and the ones that will have most impact on your ability to help other people fix their problems.a good credit score is reference that you can properly manage resources, without it, it's hard to convince someone you have that skill.
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19 May 2018 | 3 replies
If you want to replace just the glass as I did recently measure the glass and go to Menards, $35.
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16 May 2018 | 1 reply
Cash-on-cash is relative and it is only one metric...and it really only works for year one to put properties on a level playing field so we can compare where to put our limited dollars.
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17 May 2018 | 7 replies
Example:$100,000 ARV x 70% = $70,000 All-in- $20,000 Rehab - $5,000 Closing (Acquisition Closing, HML Points, Refinance Fees)- $5,000 Holding = $40,000 MAO Holding costs include (but not limited to) loan payments, insurance, taxes, utilities, HOA fees, etc., that occurs during the Rehab period and up until the property is fully rented.I get a lot of “NO’s”.
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17 May 2018 | 4 replies
So any money I put into renovation on top of the purchase price--even if the total still came in well under that 70% mark--would be stuck in the property, which would still limit my purchasing ability to how quickly I could save money.At this point, I'm back at square one.
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24 May 2018 | 11 replies
It limits the chances of being taxed or penalized.
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19 May 2018 | 5 replies
You can put whatever limitations you want on the guest that comply with your local laws, but I wouldn't see any major issues, if the tenant thought he was a bad actor they 1. wouldn't want him in their house. and 2. wouldn't have asked you expecting that you would say no.
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20 May 2018 | 5 replies
(trying to maximize my limited advertising dollars)I haven't placed any of the bandit signs yet but plan to this weekend.
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17 May 2018 | 4 replies
A refinance into a higher LTV non-recourse loan could free up some additional capital, but how much the lender would go could be limited on a recently rehabbed property.
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26 May 2018 | 5 replies
Hi All,I am a first time home buyer and going to be putting an offer in on a flip and wanted to include a home inspection. the issue is the basement is partially finished so access to walls is limited.