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22 February 2024 | 11 replies
Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.
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22 February 2024 | 10 replies
Just a reminder that even if he owes you the entire security deposit, you need to follow your state and local laws regarding notice to him showing itemized deductions from security deposit, any balance left or balance due to you, and proof you sent to last known address, I believe, even if it's your own unit, as he could have put a forwarding notice in with USPS.
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22 February 2024 | 10 replies
Hi @Robert Hasty, I wanted to check in and see how things panned out over the last year.
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22 February 2024 | 9 replies
hahaToledo is a cashflow and volume play.It's a slow mover during boom cycles and takes 10+ years to catch up to other markets when it comes to appreciation but eventually it does.Just like it did the last few years when folks ran out of deals on the East Coast and West Coast.Everyone started stampeding Toledo.Happy to have everyone tho so keep coming 🙏
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22 February 2024 | 13 replies
how has your progress been in real estate over the last decade?
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21 February 2024 | 14 replies
That's too bad, because tile is, overall, a good flooring choice...lasts forever and low maintenance.
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22 February 2024 | 1 reply
Whether you're a seasoned investor or just starting out, leveraging the BRRRR strategy with expertise and diligence can lead to significant returns and lasting success in the competitive real estate market.
21 February 2024 | 7 replies
I’ll start by saying that there are a lot of STR’s in Seattle currently(6k+), which has been increasing over the last few years if you look at the numbers being listed.
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21 February 2024 | 1 reply
❌ Stop dividing the NOI by a cap rate to find the value of a deal.When I come across a potential deal, that's the last thing I do.
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21 February 2024 | 0 replies
The good news is, if it's your primary residence and you've lived there for at least 2 of the last 5 years, you might be exempt from this tax up to a certain limit.