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10 August 2019 | 35 replies
Floors in the house have multiple directions of leaning and noticeable slope on the garage floor.
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20 November 2017 | 24 replies
I am seeing more and more of these spread sheets and none of them have leasing fee's therefore the vacancy factor is under funded.unless you have a deal with your management company to lease the units for free. your going to have turn over.. everyone does .. and its not common to have a tenant leave and not have a month of vacancy plus a lease fee.. and of course turn over costs.. although I was happy to see your contingency line most folks don't put that in there..
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14 November 2017 | 5 replies
Look at the sales data Zillow provides you - ever notice that in most markets there is a very wide range of value found within a very small area?
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14 November 2017 | 3 replies
I've noticed that quite a few brokerages say they will hire someone that doesn't currently have a license but is working towards one.
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14 November 2017 | 0 replies
My Pay or Quit notice will expire on Thursday.
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16 November 2017 | 5 replies
We only do month to month agreements, can get a tenant out with 15 days notice in my state.
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21 November 2017 | 5 replies
Well because I could not commit to acquiring my first property with the remaining time in the year, I’ve committed to analyzing 2 deals a day to post on the forums here.It will allow me to gain knowledge and advice from experienced investors and also give other investors like myself (or soon to be investors I guess) an opportunity to contribute as well.Even if they haven’t done any deals, they may know how to avoid common mistakes while analyzing that they’ve learned since they’ve started on their path to REI.I know it may not be much, but I’m really hoping that others in my position feel inspired to contribute more than the normal “Hi I’m a new investor looking to learn from everyone here on the site” and those more experienced are still willing to share their experiences.Thanks everyone.With that being said:Property #12-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.8k/moOperating expenses (per month):- Vacancy: $190- Repairs/Maintenance: $35- Taxes: $300- Insurance: $133.33- Property Management: $190 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).
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15 November 2017 | 4 replies
Thanks, Dan Dietz Daneil, A situation like yours is common.
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4 December 2017 | 13 replies
. :-)I haven't even noticed that I've been responding to several of your posts lately, @Brian H.
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10 October 2020 | 15 replies
I noticed you mentioned a lot of terms that are not regularly mentioned on the forums or even the podcasts...