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31 December 2024 | 0 replies
Purchased for $69,000, I tackled everything from a new roof to interior updates, transforming it into a move-in-ready home.After months of surprises (and a few headaches), I sold the property for $145,000.
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9 January 2025 | 107 replies
Also are these properties on market or sold?
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22 January 2025 | 31 replies
RE is being bought and sold in every city or township around the world.
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15 January 2025 | 15 replies
I sold that in 92. next iteration was 2002 when I started a new lending company in Portland OR to specifically fund Turnkey buyers in the mid west doing BRRRR loans we killed that.
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10 January 2025 | 17 replies
@Drew SygitOh, I forgot to ask - any free tool recommendations for determining the various classes of neighborhoods in different regions?
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30 December 2024 | 5 replies
Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment: - Took 4 months longer than expected - Cost $10K more to build than we anticipated - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!!
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2 January 2025 | 3 replies
I personally owned a rental there for 7 years, but I just recently sold it.
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30 December 2024 | 1 reply
That might be a way to start, finding recently sold land on zillow, back trace agents to sold listings and tell them you might have some land coming up soon and see if they have buyers.
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20 January 2025 | 62 replies
Everything went really well except for the fact that they sold the loan to a hedge fund before closing and the hedge fund's fees were added to the loanguys fees and it all added up quite a bit so I changed my mind at the closing table and used a private lender that is friends with the closing attorney.
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1 January 2025 | 4 replies
Once this is done then the property can be sold.