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29 June 2018 | 2 replies
I have purchased multiple properties near Abilene tx for about $15,000 each (some of them need a lot of work, some of them are decient). However their taxes assed value are all above $50,000.
So my question is, can s...
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11 July 2018 | 13 replies
One is with Turnkey properties that do the purchasing, the renovations, and the managing and they can be trustworthy and reduce your travel expenses.
24 June 2018 | 2 replies
Each time you use the funds, you reduce the cost per use as they are applied to each property.
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25 June 2018 | 9 replies
Try to do it in a city that has a 3rd party relative or a friend that is local of the subject property that will help you out and reduce your travel expenses down.I would normally tell you to be honest with the seller except from when you are Wholesaling and assigning the contract.
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26 June 2018 | 18 replies
If the tenant is paying utilities, a new furnace will reduce their operating costs and your turnover.
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13 February 2019 | 17 replies
I didn't account for property management, as I'm fairly confident in my organizational skills, free time and availability that I can handle that at least for a small, first unit.
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9 July 2018 | 3 replies
I've had it on the market for almost 2 months and it's not selling, even after reducing the price to break even territory.
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2 July 2018 | 10 replies
And by balance I mean being realistic & compliant.It's good that you have some idea of the terms you want, but know that because of CFPB guidelines, your borrower has to show they are capable of making whatever payment/terms you set.There's lots of factors to consider when financing, so I am only going to touch on one to give you some food for thought.When I see high rates on seller financing it is usually for 1 of 2 reasons:The seller wants a higher monthly P&IThe seller plans to offload the loan to an institutional investor later and doesn't want a huge discountTo #1 I say, reduce the term/amortization of the loan.
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25 June 2018 | 6 replies
I’m not sure how the legal system handles leases and evictions over in Croatia and if they are in fact, simply “gentlemen’s agreements” that is unfortunate.
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26 June 2018 | 4 replies
Not sure, though, as I buy out of state turnkey and my property manager handles all that.