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31 July 2018 | 9 replies
My advice to you is simple:decide if you want a totally passive investment, where a project manger actually finds, rehabs, rents and distributes your cash flow back to you....or do you plan to be hands on?
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20 June 2018 | 11 replies
You can also limit total numbers (such as two persons per bedroom).
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20 June 2018 | 5 replies
Ok. but just to be clear Im adding three, so its a total of six.
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25 June 2018 | 14 replies
I haven't had time to go through tax-deeds this weekend (went to go visit my parcel I just won in a tax-deed sale).Your best bet is going with Avvo and posting 1-2 questions per post (you can do this for free) - this will give you a general legal idea of what occurs in the process that you can depend on (Avvo questions are answered by lawyers for free).I ended up paying $200 for a consultation and had my lawyer go through FL's entire tax-deed process while taking notes to study up on.What county are you planning on bidding in?
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20 June 2018 | 3 replies
Whether your tolerance for risk allows you to scale to larger purchases, or you'd rather mitigate some of that risk and buy smaller properties is totally up to you, your goals and your comfort level.
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20 June 2018 | 8 replies
total profit is $25,500 minus closing costs and paying myself back the $12,900 I'm looking at a $10,000 profit.
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21 June 2018 | 6 replies
If STax is paid at all, I would assume the assignment fee and not the total cost.
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23 June 2018 | 5 replies
Unless you have a crap ton of properties its fairly easy to just update the numbers once a month by logging in to your banks website and copying over the new principle balance figure. my excel simply shows property address my estimated value, the debt amount and calculates total equity.
20 June 2018 | 18 replies
Really depends how long it’s been sitting.At my last turnover we listed 100 bucks higher the previous rent and had it rented in 3 days of posting photos (3 weeks total, but most of that was without photos due to work being done).
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20 June 2018 | 4 replies
If the total rent is 1100 or 550 a unit on an average condition property for 45k you may cash flow.