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28 January 2020 | 19 replies
I'd watch any rental properties available in the areas and price ranges you think you want to buy in and see if they get rented.
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3 June 2021 | 5 replies
So this is a investment/ flip I am very serious considering doing (already started escrow). the mls is 190048729 https://www.redfin.com/CA/San-Diego/6805-Fisk-Ave-92122/home/4895069With a purchase price of 845k with 3500 closing costs total remodel (done well) 96k20k kitchen15k (2) bath10k flooring12.5k paint/baseboard7500 on windows and door (inc. pre hung interior)13k roof15k plumbing (needs epoxy reling to the main)3k landscapetotalling 950k ish total cash outlayanticipated sale is 1.1 milgross 150k-minus seller fees 55kand contingency 5k making nice profit range 90k with a worst case sale price of 1,050,000 still in 40k ish I guess my issue is being the 3rd deal I am on so far (usually the 500k range) the larger # make me post up for another viewpoint for my SD real estate pros to say this good or not. would love to hear from 2nd opinion look before we close.
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27 January 2020 | 6 replies
Does anyone have a logical answer becuase I feel like I'm getting either a deal cause taxes are low or in getting screwed cause market shot up and is way out of range.
7 February 2020 | 2 replies
I have enough for a sizeable down payment ($20,000); since single-family are out of my price range I was thinking about a Mobile Home.
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28 January 2020 | 4 replies
Now they’re going for 145/55k as a median price range.
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1 February 2020 | 10 replies
If you select a market with population growth, jobs and wage growth, a balance between supply and demand and a diverse range of employers you will do just fine.
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17 February 2020 | 7 replies
Fill any slower days with substitute teaching to augment income until the pace and scale of flipping picks up-->Please help me to nail down realistic projections (or a realistic range) for: Net income per flip my first and second years given the above plan How long each flip will take the first and second years given the above plan Personal time investment required first year and second year in order to keep flips lined up, one at a time, and holding contractors accountable.
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28 January 2020 | 2 replies
Trying to look for properties in that price range (per unit), that are in B or C quality neighborhoods.
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28 January 2020 | 8 replies
Not sure where you are in Champions but there are definitely pockets in there where homes are in that range .
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27 January 2020 | 5 replies
I appreciate you taking the time to assist and to provide this list of information to include.Purchase price: 249,900Down payment: 7,500Additional closing costs: 4,887Additional cash for improvements: ~1,000Current market value: 298,000 (this is Zillow estimate, haven't discussed with my realtor yet)Current loan balance: 235,227Current loan interest rate: 5.0%Monthly mortgage payment: 1,574Monthly average total costs (with utilities included as it is a furnished short-term rental): ~1900Monthly average rental income: 2241 (averaged over past six months, has ranged from 1423 to 2646)Monthly long-term rental potential (assuming no utilities or furniture): 1500-1600 (pretty much just the mortgage)