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25 September 2024 | 5 replies
As for property taxes, I won't say it hasn't ever happened, but I would think on most properties it would be very unlikely to negotiate those to a discount by the original seller.
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26 September 2024 | 17 replies
Probably the same reason hotels sell their unbooked ADA compliant rooms at a discount.
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23 September 2024 | 12 replies
HUD publishes the Median Fair Market Rent on their web site for the entire country.
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26 September 2024 | 10 replies
The price is not going to be discounted due to the designer's ineptness sadly.
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25 September 2024 | 37 replies
At 26, having 4 properties and looking for more is quite the story.KeyBank man should be ashamed of himself.I'd disagree with some of the assumptions in this thread.Rate locks don't need to be for more than 30 days. 45 days can cost you a quarter point depending on the lender and it's really not necessary.Always remember that origination points and discount points are two distinctly different things.For us, some origination fees can be just 2 points and some are just 3 points.
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18 September 2024 | 20 replies
I always get emails asking me to add discounts.
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26 September 2024 | 17 replies
If you price the deal based on the current rent roll, you will not be remotely competitive in your offer, since many other investors will price it on $1,600/mo, with a small discount to account for the remaining term of the existing leases.On expenses, as noted, what seller pays is likely very different than what you will pay.
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25 September 2024 | 22 replies
Finding off market properties at a discount, fixing them up to add value/equity to them and then flipping them via 1031 and move to the next one.
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23 September 2024 | 21 replies
Since from this viewpoint money is coming into 1 pot & coming out of that same pot to pay for your housing expenses, there's no discount on the household housing expenses.
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21 September 2024 | 8 replies
We discounted the rental rate because they only wanted to rent part of the home.