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14 November 2023 | 0 replies
The state's progressive policies and environmental initiatives are notable, along with its diverse population and iconic landmarks like the Golden Gate Bridge.Exploring the potential of five vibrant California neighborhoods: Hacienda Heights, Chino Hills, Lake Forest, Pasadena, and Los Angeles.These hidden gems boast distinctive features, a strong sense of community, and a bright outlook for the future.
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19 December 2018 | 4 replies
@Kevin Burke First off I'd want a giant premium to invest in something that risky.
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12 December 2021 | 19 replies
He is not able to discern odors as well as I.
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9 January 2017 | 17 replies
The flood waters are getting to higher levels due to development and impervious surfaces like giant malls and giant parking lots.
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16 March 2020 | 14 replies
And IMHO, currently in Austin you can't cash flow on a long-term SFH rental without putting 30-40% down payment (or finding properties well under FMV, that even after rehab will still be 20% under ARV, plus what you have to leave as DP for the mortgage, again an effective 30-40% DP - and if you are not able to find them and BRRRR, and have to pay that 30-40%, your cash on cash ROI will be under 2% similar with just leaving the money risk free in a saving account).Here is what I account as expenses for a correct calculation of cash flow:1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance (0.3-0.45%) b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances e) Make ready10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...
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28 September 2015 | 3 replies
Another common reason is if you are not able to "Assign" your contract to your end buyer.
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8 December 2018 | 112 replies
My only contribution is that I work in a 16 story high rise in a Chicago suburb and every year they give giant poinsettias out to all of the offices.
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24 August 2021 | 2 replies
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9 November 2022 | 14 replies
It is a advised line so it is not able to be used for anything, but it can be used to buy 1-4 unit business purpose property (non-owner occupied).
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20 December 2021 | 26 replies
There are two notable tax programs for developers in the NIZ in Allentown and CRIZ in Bethlehem.