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8 September 2021 | 7 replies
@Hoi Lee I have a property down in Louisiana that is on the edge of the a flood zone.
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7 September 2021 | 5 replies
My concern is safety issue
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6 September 2021 | 0 replies
where to start... contractor walked out on project, had to move in to property to cut costs on renovations, lawsuit against contractor, and many more Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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12 September 2021 | 8 replies
Hi Boris,If you talk to an "Asset Protection" attorney, vs. someone that just forms entities, you will probably get the information you want.Look local online in your state, and be prepared to cut a check for the info and assistance.Good Luck!
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27 September 2021 | 1 reply
We've come across some items that will require repairs such as: Wood rot, couple places but especially one of the outside window frames, needs to be repaired ASAPMold Removal in the Attic, seemed to have a significant amount in thereRadon mitigation, it was 4.4 which the action level is 4.0 Pci/LWe have one water heater not functional and another one that may need replacing soonRepointing some of the foundation, there are cracks along the edges, especially near the gutter systems so we would like to get that fixedIf anyone has any general advice/recommendations on any of the items or if there are contractors that are willing to give estimates, we greatly appreciate it!
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11 September 2021 | 14 replies
Looking 30+ years into the future, those reasons (location relative to me, within budget, can cut costs by living in the unit while renovating, amenities) all seem very relevant to me so I disagree there.. but to answer your other questions, I could afford to place up to 50% of the cost of a property as a down payment if needed.. but ideally I'd be able to borrow more / place a lower down payment.
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10 February 2022 | 2 replies
Anything that would be considered a hazard or safety issue.
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8 September 2021 | 15 replies
Fortunately, I was occupying the property at the time and knew the trades so was able to cut some costs.
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6 September 2021 | 1 reply
Maybe hook up with another local investor and bring him a great deal that he will cut you in on (like a finders fee or percentage?)
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7 September 2021 | 6 replies
You may find out the effort is not worth what your cut is after a year or so of doing this.