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21 July 2021 | 16 replies
@Jessica Flint Google search airdna.co rentalizer tool.
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3 August 2021 | 11 replies
But plenty of Big Ag is out there, automotive, heavy truck, tooling, their is a pet food plant if I remember, and perhaps an ethanol refinery as well....again if my memory serves me.
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28 July 2021 | 7 replies
This is uncharted territory for me, and yet an invaluable experience.
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20 July 2021 | 8 replies
If there is a difference in value, whoever brings the lesser value property to the table pays a "boot" to make up that difference.
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18 August 2021 | 14 replies
If the investor had to sell right away for $240k, with closing costs and commissions, they would most likely lose money.The other key point is without any improvements, the new appraisal will be $205k, the price you sold it to an investor for, not the $240 comps in the area.Wholesaling works best if you can find an off market fixer and the rehab the investor puts in forces a significant improvement in value.
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21 July 2021 | 3 replies
There are so many tools available that it is pretty easy.
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22 July 2021 | 5 replies
@Mallikarjun Reddy Pateel using the T12 and current rents are great tools to base off your offer.
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22 July 2021 | 5 replies
But, when you purchase a 4-unit property, or something larger the property is not considered to be sort of a commercial property and I like to think of a 4-unit property the same as a business like a liquor store where the higher the sales the more the liquor store will sell for.Four units or more will appreciate in value sort of exponentially when you increase rents and a single family property will not.
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24 July 2021 | 19 replies
@Mark ReyesYeah I use PropStream for that, pretty helpful tool in a couple ways at least
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28 July 2021 | 8 replies
Hamilton County has a tool to calculate this but a quick tool is using a ratio between current assessment and new assessment (Current Taxes/New Taxes = Current Value of Property/New Value of Property)