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29 May 2024 | 0 replies
A Comprehensive Guide to Homebuying, it's essential to be thorough and methodical to ensure you're making an informed decision but draw boundaries, it's okay to open built-in closets and kitchen cabinets to assess the property, However, respect the seller's privacy by not invading their personal space, such as medicine cabinets, storage boxes, or clothing drawers,Interior:Architectural style.Bedroom and bathroom count, size, and location.Closet and storage space.Number of floors.Sightlines and general floorplan.Appliance age and condition.Light switches and socket count.Plumbing and water pressure.Natural light and views.Noise levels.Stairway width and type.Porches and decks.Garage and parking capacity.Proximity to neighboring homes.Remodeling opportunities.Exterior:Roof and siding condition.Landscaping and outdoor maintenance needs.Additional Considerations:Take notes and photos during the tour.Use your five senses to assess the home's condition.Ask your real estate agent questions about the home's features, flaws, and market conditions.Red Flags:Overly scented rooms.Water stains and damage.Lack of maintenance.Foundation issues.Sagging ceiling.Fresh paint that may be covering up issues.Final Tips:Be prepared to make multiple offers before finding the right home at the right price.Stick to your budget when making an offer.Don't overlook potential red flags just because you love a home.
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29 May 2024 | 20 replies
Tenants only want respect.
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31 May 2024 | 33 replies
Someone who I respect (from @Sharon Vornholt's Probate Investing Simplified program) is a Rhino member and one of the reasons I gave that group the credibility to start checking it out.I still have not decided to pull the trigger, but do understand that $50 can be a lot of money if you don't get a return and $5000 can be nothing if you get a great return.
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28 May 2024 | 4 replies
Good morning Chidvi,I very respectfully disagree with Nathan.
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5 June 2024 | 116 replies
And that should be a primary consideration from my standpoint.Really respect your points here and just trying to debate and share my views as well.
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4 June 2024 | 221 replies
I respect everyone's opinion.
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28 May 2024 | 0 replies
You never know where a new deal with come from, so treat everyone with respect and kindness.
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1 June 2024 | 48 replies
My instincts told me something was not quite right and after consulting with another RE investor, I decided to respectfully decline to do business with the guy.
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30 May 2024 | 33 replies
Clearly they cannot respect that, therefore why should you?
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28 May 2024 | 0 replies
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.