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18 January 2017 | 3 replies
Ask if your friend of a friend still has the loan documentation so you can see the precise terms.Andy
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23 January 2017 | 6 replies
Due to my limited budget, I can only see the trustee sale number.
21 January 2017 | 11 replies
Can you see the lower structure, beams etc?
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22 January 2017 | 12 replies
See the below analysis;PP - 210k, DP - 42k, CC - $2500, Apprailsal - $500, Rehab - 15k, ARV - 250k Rent UP - $1250, Rent Down - $850, Garage - $300 (blended for 6mth lease) = $28800 - $2500 (2 months for loss of upstairs reno) = $26300/yearExpenses - VAC - $170, Util - $220, Ins - $200, Prop Tx - $150, Repair - $200, Tenant Gifts - $25 = $11580/year + Mortgage ($706.61/mth) $8480/year = 20020CF = $6280PA (3%) = $7500PR = $3520AA = $25000Total = $42300 ROI = $42300/$60000 = 71%Were hoping to have a $1250 upstairs rent for the new tenant and have them pay 60% of the utilities.
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19 January 2017 | 6 replies
Anyway, since its an out-of-state deal, I have called 3 local agents, left voicemails and followed up with text and emails explaining that I already have potential buyers interested and ready to see the property, but I'm looking to contract with a local agent to facilitate the process for me, or sell it to other buyers and I'm fine with paying them their normal commission for their assistance.
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23 January 2017 | 22 replies
I see the numbers, but can't decide; which is best.
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25 January 2017 | 16 replies
Never hurts to get rent rolls and see the property - worst case is you get some practice in.
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24 January 2017 | 6 replies
I've lost out on a couple deals trying to wait and see the property.
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20 January 2017 | 0 replies
BP,As I'm putting together my direct mail letter, I figured I would ask you all which group of direct mail did you:1) See the most response with2) Do the most deals in?
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20 January 2017 | 2 replies
I've lost out on a couple deals trying to wait and see the property.