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5 November 2015 | 13 replies
You are in the state of investor Ron Legrand.Research Ron Legrandon YouTube.My suggestion if you are able to physically go to the owners' door, then a yellow business card in the door jam, or under the doorway is ideal (if you are not putting yourself in danger.)
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30 October 2015 | 17 replies
They are demolishing older buildings in Uptown in order to erect more residential and hotel space, and it looks like that space rents out well.MallsThat's a danger area.
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5 November 2015 | 12 replies
There are usually fewer cash buyers in a market, so you have fewer competitors.I have come to believe that in most cases the ideal amount of leverage is as much a function of the risk tolerance of the borrower as it is a product of the financial calculations.
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30 October 2015 | 14 replies
There is no crime or real danger like inner city stuff.. but the tenants are basically very low income.. so they cant afford much rent.. but you can buy homes for about 20 to 30k in those towns that will rent for 500 to 600 ... but they will never go up in value basically and if you choose poorly your capex will kill any profit.Do you have a burning desire to be a landlord... or is that just something you think you want or need to do.. there are many other avenues to make money in RE without dealing with tenants and taking on those risks.. not many people get rich owning a few rentals unless they are prime CA NY CHC type assets.
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30 October 2015 | 6 replies
The danger for the seller is that you spend all the construction money, and the house isn't finished, then they endup with liens, from subs.
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31 January 2016 | 3 replies
That is dangerous because they will slap their name on crappy work.
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30 October 2015 | 5 replies
I would assume that a Special Warranty Deed would provide fewer protections in this case and would make more sense to me if this is why the wholesaler is being sued.
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3 November 2015 | 6 replies
Because of the price point, you can do well with buying far fewer properies and you'll likely be renting to people with much higher incomes - it's a different buy-and-hold business dynamic than some other places.Flipping properties here is another beast I'm not qualified to comment on.
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6 November 2015 | 11 replies
That might be probate; might not.AP is not for amateurs, is fraught with danger, and is the tool of last resort.