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13 July 2019 | 23 replies
Rented one for $625 to a regular tenant renting the other one for $550 to a person that will use it as an airbnb (I'll keep everyon posted on this)We did some fixes to the 2 non-remodeled not as heavy as the others (painted walls, fixed things that were not working) rented one at $695 all bills included and have a potential lead at the same price.
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25 April 2019 | 1 reply
Also I’m guessing the PMI would be higher and it will also be harder to refinance after 1 year or more to get a regular 30 year fixed to stop paying the PMIAnyone has any experience with this kind of loan?
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25 April 2019 | 4 replies
In either event, understand you will need capital to clean up all the deferred maintenance.I personally wouldn’t move forward because of not only the current problems, but the hidden issues that have yet to be uncovered.To your success!
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29 April 2019 | 10 replies
I would write it directly on the leases that if they do not keep the property reasonably clean, they will be asked to move.
25 April 2019 | 2 replies
Ideally a regular loan refi rate will be much lower and amortized over perhaps 15 or 30 years to ease cash flow.I advocate a different approach since I have seen investors be successful with it.
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26 April 2019 | 3 replies
They also paid the rent up until the day of removal and then left me the deposit to handle cleaning.
25 April 2019 | 1 reply
Most people will move into a nice, clean, freshly remodeled home that's priced competitively, regardless of one bad neighbor.
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13 July 2019 | 6 replies
Jackson MO county sheriff only arranged for eviction day on Jul 2nd.I got lucky, the tenant left the house in good condition and clean despite his no longer talking to PM.
2 May 2019 | 2 replies
Looking for any information on Trafalgar Village in Kissimmee such as rental incomepotential, resort review, hoax concerns, is it a good place as a vacation home, is it a mix of rentals and home owners, would you buy there, is it clean, is it rudely becauseof so many rentals instead of homeowners staying there or any thing you can add that I don’t know to ask.
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13 May 2019 | 16 replies
Jason basically there are about 3 different types of syndicate deals.Stabilized properties with no upside but regular rental increases.Properties with some income but some upside to fill up.Properties that have a larger value add component with typically more equity growth but not much cash flow the first few years as a pref to investors.There are some investors that want the money TODAY so more of the stabilized properties.