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31 October 2020 | 4 replies
Comparable 3-bedroom, 2-bath homes have recently sold for between $85,000-$112,000, so I feel good about the numbers and potential cash flow IF we can hit our rehab budget.Here are the rehab projects we have identified:*Update heating/cooling system so home qualifies for traditional financing (gas heater pictured below is only heat source in home)*New siding*Finish attic space into 3rd bedroom to increase square footage and rent potential*Add small 3/4 bath upstairs (in the purple*Finish the kitchen*Finish installing matching LVP throughout houseQuestions: Why hasn't another cash buyer snapped this up yet?
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29 October 2020 | 8 replies
That conservative identifier is a 'feature' of Williamson County that's slowly but surely changing.
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29 October 2020 | 2 replies
Hello, I'm looking to make connections with some folk out in Asheville that can help me identify some potential investment properties.
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31 October 2020 | 18 replies
If it’s not too late, I would suggest you identify the unit you want to live in and make the contract contingent on the seller giving notice to that one once all your contingencies lift.
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29 October 2020 | 5 replies
Hello- We just got our home inspection done for our first time home and here are the major issues that our inspector identified.
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30 October 2020 | 15 replies
I pose those questions so you can be realistic in identifying and analyzing properties.
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1 November 2020 | 9 replies
Totally identify with this plight, I have spent years of my adult life trying to find the best solutions to that exact problem.My best suggestion on this front stems from a series of books by the Founder of “The Table Group” Patrick Lencioni.He is a proponent of choosing “The Single Most Important Goal” for the next 6-9 months and specific actionable categories to focus on, while also creating the categories that are absolutely required to keep the rest of your life on track.If that sounds valuable to your current predicament I recommend “The 3 Questions of a Frantic Family” in his series, it personally really helped me with this same problem.All the best!
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3 November 2020 | 29 replies
@David M.The lender can exercise the "due on sale" clause if the name(s) of the buyer are not the same name(s) as the members identified as the owners of the LLC.
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29 October 2020 | 1 reply
Unlike a conventional IRA where everything is publicly traded and easily identified, the holdings of the LLC are only known to you.
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10 November 2020 | 11 replies
It seems like you identified an outstanding value add.Did you have any issues obtaining financing?