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15 March 2016 | 15 replies
I then spend another 25 hours finding and supervising contractors, 15 hours dealing with governmental authorities to obtain permits, occupancy certificates, etc. 15 hours doing cosmetic repairs myself to save money, and 20 hours showing the property, running ads and negotiating leases for renters.So I have purchased a "great deal", a property that I now have $10,000 equity above what I have invested.
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9 March 2016 | 20 replies
I would approach that neighbor first, because all of the authorities are going to ask you, if you have done that.
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21 December 2020 | 9 replies
Now, anything above and beyond the contingency, if you had not authorized, approved, signed off on, technically you cannot be held liable, essentially this can be viewed that the contractor elected to do a ton of extras for you, unannounced to you and you were simply grateful.
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5 October 2016 | 3 replies
The housing authorities will not give out this information, even to the tenants, which makes it even more challenging to rent to Section 8, since the unit must be empty to be inspected, at least two weeks before the beginning of the month, and the tenants are often hard on the units, sometimes challenging to deal with.
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13 March 2016 | 10 replies
About the only difference between a Section 8 tenant and a non-Section 8 tenant is that usually the Housing Authority requires that you send them a copy of any notice that you serve to the tenant.
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13 March 2016 | 2 replies
I don't know if "real estate team" means that you are a Brokerage, but if not, we are an authorized HUD Brokerage and have both a residential and Commercial Broker on staff.We work with investors helping procure and in some cases rehab properties in Central and Southern Florida.Would love to assist...
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15 March 2016 | 10 replies
Brandon and Josh just interviewed the author on the BP Podcast, and I listened to the audiobook a couple months ago.
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15 March 2016 | 1 reply
Yes, it's quite possible to buy, but subject to, not assume.Do the sub-2 like any other equity deal, making certain you have full SSN's for deceased owners on old mortgages and get an authorization to release info signed by the PR.
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17 March 2016 | 15 replies
Consider the management issue of your goal.Take a simple flip and GROSSLY assume you can close on the purchase(that's ignoring the find, offer, title stuff and even taking AS-IS)use some prior knowledge and templates for parts & laborget out in 45 days (again ignoring the selling details)that's 365/45 and you max out at 8.1 per year.With a goal of 50/year, you would need to clone yourself 6.1 times - - that's 6 people whom you could give signature authority to work under your name.Is this reasonable?
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1 July 2016 | 5 replies
@Justin SchafferLook up an author/investor called Fixer Jay Decima.