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11 September 2018 | 16 replies
Also look at the potential rates and with the same calculation that’s the value that you could add to the property by doing some rehab and increasing the rents.
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10 September 2018 | 1 reply
Now that rents are increasing he is looking to buy.
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11 September 2018 | 27 replies
I highly doubt this place will appreciate anytime soon.No rent increases in sight.
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10 September 2018 | 2 replies
(rents are increasing in the area, but we are heading into fall/winter where the tenant pool is lower) Assume that you would get pretty much all your money out on the refi.
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24 September 2018 | 5 replies
Typical FHA loans are 3.5% down, but you can increase that number if you want.
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18 September 2018 | 20 replies
I would generally give them 30-60 days notice regarding new rent increase so that the tenants can adjust to the rent hike.
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11 September 2018 | 4 replies
You might want that in the first year as it increases your cash flow in a period when usually propriety performance is weak and the cash flow is lower (and that could be useful in financing/refinancing said property).
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12 September 2018 | 2 replies
In his example, it doesn't look like he spent any money, but what are good examples of forced appreciation that can be done cheap that can increase the value of the home a lot?
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10 September 2018 | 0 replies
I trust his insight on the rent but have questions if the condition of the condo will cause an increase in the price.
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18 September 2018 | 4 replies
Some of the costs involved are licensing fees, continuing education, errors & omission insurance, general business liability insurance, increased auto insurance, realtor board membership dues, sentrilock fees, css fees, mls fees.