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23 February 2024 | 10 replies
For more expensive units, I consistently have had the best luck on the MLS on the north side.
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22 February 2024 | 7 replies
@Dwayne Clarke Up to 75% cash out is available on DSCR depending on credit and all the other expenses.
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22 February 2024 | 4 replies
There really doesn't need to be a calculator for NNN since all expenses are paid by the tenant.
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23 February 2024 | 21 replies
Getting your Real Estate license is a great idea for flipping houses you will be able to save 2.5-3% when you buy (if listed on MLS) but definitely when you sell which is a nice added cushion in case unexpected expenses come up especially when starting out!
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23 February 2024 | 4 replies
It’s frankly worse than 2008 products and the word expensive doesn’t describe it.
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23 February 2024 | 18 replies
While in theory this is great, even if you find a property below market value you run into two issues in today's market.The first issue is buying low enough to recuperate your expenses and down payment.
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22 February 2024 | 3 replies
The seller said CPA’s were too expensive so they did their taxes themselves?
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23 February 2024 | 19 replies
PetrHey Petr, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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23 February 2024 | 19 replies
Hey @Lynn Wong, so if it is going to be a couple of weeks, it isn't worth the expense or trouble to try and STR it.It is empty.
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23 February 2024 | 3 replies
Here's the revised budget for a similar project in New England: Land Acquisition: Approximately $100,000 (reflecting the higher land costs in New England) Utilities and Tap Fees: Adjusted to $9,800 (originally $7,000 in Ohio) Engineering, Building Permits, and Architect Fees: Adjusted to $7,000 (originally $5,000 in Ohio) Construction Cost: Adjusted to $252,000 (for up to 1,125 square feet at $224 per square foot, considering the higher construction costs in New England) Total Adjusted Project Cost for New England: Approximately $368,800For a more ambitious project aiming for a 3-bedroom, 2-bath unit covering 1,750 square feet in New England, the budget adjustments are as follows: Land Acquisition: Approximately $100,000 Utilities and Tap Fees: $9,800 Engineering, Building Permits, and Architect Fees: $7,000 Construction Cost: Adjusted to $392,000 (for 1,750 square feet at the adjusted rate of $224 per square foot) Total Cost for the Larger Project in New England: Approximately $508,800These adjustments reflect the anticipated increases in project costs due to the regional differences in construction expenses and land prices between Ohio and New England.