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9 January 2014 | 14 replies
I would put in a good quality heater and make sure they are of sufficient size to heat the square footage of the area you are going to heat.
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13 January 2014 | 22 replies
My goal has always been to wholesale enough properties to buy & hold properties with cash, creating long term cashflow for my family.However, since I need some "wholesaling income" to supplement part time income lost last year, it's been rough creating a marketing budget that'll provide sufficient quality leads, while putting food on the table.
24 January 2014 | 15 replies
Have you used that method in the past?
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21 January 2014 | 15 replies
It's important that you know and track it as an indicator of your investment(s) quality and value to you personally, but doesn't translate to another investor.What does is the Market Cap Rate.
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27 January 2014 | 18 replies
One other method that I have used is to call several of the local Property Management companies, explain to them you are potentially buying a property in the area, and ask them what they get in the properties they manage.
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19 January 2014 | 37 replies
Come to think of it, if I, for example, dropped a trap door from the unit I'm living in now down to the basement, not only could I live down there and rent out the unit I'm living in now, but I could choose who was going to live there based on any qualities I wanted at all, since technically they'd be my "roommate" and not my "tenant."
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18 January 2014 | 5 replies
If 95k is owed and you offer 75k the bank will likely tell you to shove it.The second method would be to buy the tax lien.
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17 January 2014 | 8 replies
Some properties have great numbers in horrible areas that lead to high turnover, lower quality tenants, and other areas.
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15 January 2014 | 5 replies
If you are looking at a loan level purchase or even a small pool, what methods do you use to determine property value before making an offer?
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19 March 2014 | 21 replies
I can't speak for other rehabbers, but I'd never want to live in a house that I rehabbed myself...and I certainly wouldn't be comfortable selling a house I rehabbed myself to someone else.All of my contractors have many years of experience in their areas of specialty, and to think I could replicate their quality of work after reading a book or watching a YouTube video is ridiculous.The only work I'd consider doing myself is the stuff I could pay someone $10-15/hour to do (demo, doorknobs, etc)...and I'm pretty sure my time is worth more than $10-15/hour.Just my $.02, and I know others may not agree (though I think they'd agree they wouldn't want to live in a house I rehabbed :-)...