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13 July 2020 | 4 replies
If you are gonna buy C and D class...then buy C and D class....and master it...stop looking at statistics.
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17 July 2020 | 1 reply
You could leave a note on the door and whomever picks up the mail will eventually read.Will or no will there's a probate process that the sister and daughter would have to file if they want to keep the property.Check your county's viatical statistics department and see if a death certificate has been filed.Whomever filled it out will be your first point of contact @Joe Schaak
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28 October 2020 | 4 replies
@Franklyn Roth, you forgot option D, getting a quote directly from an independent contractor.
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11 July 2020 | 2 replies
More like 92-95% paid, but it doesn't surprise me NYC is different than nationwide statistics.
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12 July 2020 | 3 replies
As far as handling it through 2 sellers and closing at the same time for the same loan that was collateralized by both parcels, a good closing company should be able to pull that off.Since you mentioned house hacking, if you talk to an independent mortgage broker, they may have a non conventional owner occupied loan product that mimics a lot of the benefits of a conventional note that would work for 2 parcels.
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14 July 2020 | 18 replies
You may also want to replace your job with real estate income (or you may really love your job and want to stay in it -- if that's the case, you may need to decide what time of real estate you want to be in depending on the time you have available to invest in real estate).
17 July 2020 | 8 replies
I've heard a lot of horror stories about other turn key companies from our clients and there are always recurring themes but in general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors Require you to close before a tenant is in place
25 July 2020 | 12 replies
And what the "right" city to invest in depends on what you are looking for.
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14 July 2020 | 3 replies
Many don’t track this statistic.
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13 July 2020 | 1 reply
Senior housing, which encompasses everything from independent living to memory care facilities, attracted $17 billion of investment in 2019, according to a CBRE Group Inc. report on senior housing.