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25 May 2018 | 11 replies
@Patrick Daniel i actually did get one of those market analysis and it was quite impressive but honestly found it useless. not enough to warrant my time to go through. basically i found a property i liked, received the market analysis of comps in the same area with identical features and all that stuff and basically was 50+ pages. i already knew going in where i had to be at, but it was interesting to see that comprehensive report.....not familiar with a buyer's list but will do some research on that. i think with me being new and having specific criteria (e.g., no complete rehab), thought mls was the best route. interesting. 1 out of every 95-100 offers...interesting stat. 2 rejected offers on the same property, so a long way to go haha. it's very tiring to look at so many properties only to find maybe 1 that falls in your criteria and then only to get rejected. the waterfall of looking at properties to getting an offer accepted is demotivating when i take a step back and look at that conversion rate (i'm a digital marketer full time so i look at it from that perspective). thanks for the responses!
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4 April 2019 | 46 replies
Basically meaning FEMA has no big reason why the flood zone just skims one of the buildings.
19 May 2018 | 1 reply
I was told that if we got a basic pre-approval for 200+ thousand, then this could be arranged with most mortgage companies.
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24 May 2018 | 8 replies
I lived and basically grew up in the Napa valley.. not saying this is Napa.. but long term hold could be the same.. buy some good grape ground..
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23 May 2018 | 10 replies
But you need to know Basic RE valuation, your market, repair costs, and have a list of buyers (often investors) who are willing, ready and able to close.
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23 May 2018 | 8 replies
Leave the basics. do a detailed inventory for your stuff like an excel sheet with # and condition ( no scratches, stains, burns).
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24 June 2022 | 69 replies
Actually, it's basically the motto of ponzy schemes, those are the only ones ever placing "guaranteed" returns above fed rate.
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23 May 2018 | 6 replies
Ill add a massive EMD.The ability to walk away from bidding wars.
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14 April 2022 | 17 replies
Especially with this latest issue.I won't go into all the details because I could write a novel with it, but basically they threatened with lawsuits, our lawyer doesn't think they have a case but advised to offer them their some money(rent) just to get them out because it will most like be cheaper than going through lawsuit.
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28 May 2018 | 1 reply
I'm also a Veteran Marine.My first property: Long story short, I'm basically purchasing my parents house, because they're moving out of the country, at a big discount and will be renting it out.