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8 February 2016 | 4 replies
As to not bother her, I used common sense and sent the email to the .......Group email that her forward originated from and copied to her.
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9 February 2016 | 5 replies
Its just a bidding war where all the value is sucked outfinding that in, whether it be direct mail, knowing a good agent who has pocket listings, or just advertisiing ( BUY HOUSES ) is how people get deals.2) Rehabbing, if you dont know what the costs are to rehab a property down to 2-3k margin of error dont buy a house.
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20 February 2017 | 19 replies
I have no clue how much this bill would be in your area)Trash $- Heat/Utilities $- HOA $- Cap Ex and Ops $200.00 (This the fund that will replace common hallway lightbulbs and the roof eventuallyInsurance $125.00 (assumption)Mgmt Fee $300.00 (10% of total rents.
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2 March 2016 | 4 replies
Check out their website and mark your calendar if you can make it, I will cover some of the common avenues and the skills and interests needed.
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9 February 2016 | 4 replies
Here are some examples of the more common types of permissible and non-permissible expenses when a 1031 Exchange is involved: Permissible Selling Expenses and Closing Costs: Owner's title insurance premiums Escrow agent, settlement agent or closing attorney fees Real estate broker's commissions Finder fees or referral fees 1031 Exchange Qualified Intermediary fees Documentary transfer taxes Recording or filing fees Attorney fees and costs related to the disposition or acquisitionTax advisor fees related to the disposition or acquisition Non-Permissible Operating Expenses, Financing and Closing Costs: Financing or lender costs such as loan fees, loan points, appraisal fees, mortgage insurance premiums, lender's title insurance policy premiums, and other loan processing fees and costs Prorated Property taxes Prorated rents Insurance premium payments Security deposits Payoff of credit card balances Repairs and/or maintenance costs
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20 May 2016 | 2 replies
I know this is a common practice I just cant figure out how to find interested partners.
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9 February 2016 | 1 reply
But I imagine these would be the best:1) Update your fixtures.2) Reglaze the bathtub.3) New blinds.4) Walkway.What those four have in common is that they are fairly inexpensive but increase visual appeal.
9 February 2016 | 5 replies
On HUD REO transactions, all NON Owner Occupied $50K and below is non refundable $500 and over $50k is $1000 non refundable, its been that way since i got my NAID number in 2008, for Owner Occ. there are reasons ernest can be refunded, but its not common, i think i was involved in one that got refunded, in maybe 150 transactions.
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11 February 2016 | 2 replies
Happy to help @Brian JohnsonI will be emailing you personally to let you know what the error was.
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12 February 2016 | 21 replies
Monthly Rent: $1,700PITI: $809Property Management: $221 (13%--I feel this is high & an opportunity to reduce this expense)Vacancy Rate: $119 (7%--this is based on our initial vacancy so I think it's high, but I'm using 7% to have a safety margin of error..