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23 April 2023 | 7 replies
Sure, but $4-6m is not worth the risk in time/cap rates, for a $1m gain in 60 days.
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4 April 2023 | 15 replies
In time, people will comply, and they will focus their efforts on identifying the non-compliers.
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28 February 2019 | 299 replies
Then I got ripped off by yet another management company that I had to fire last week for not sending me rent payments and doing repairs in time while I then found out they don't even have a license (will get attorney involved to recover damages).Here is the scoop about these properties, which I all bought in 2010 at zero down with 25% equity at the time:zip code 38128: paid 49K (not including other repairs after purchase), low income area, rents $750-800, value 65k (has possible lease purchase tenant in place)zip code 38115: paid 84K (not including other repairs after purchase), medium income area, rents $1,050-1,200, value 125K (currently rented)zip code 38016: paid 82K, prime area, rents $1,050-$1,150, value 100K (ready for sale and/or rent)
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27 March 2022 | 32 replies
The down payment on a home in a premium community and the hoa fees seemed to result in poor cash on cash returnThe unit i found was priced at a price i think can appreciate in time, the homes seem to have no appreciation potential i saw based on their price.
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29 November 2014 | 2 replies
Your not a principle at that point in time, and the buyer may be thinking of you as sort of his agent, called implied agency, doesn't matter what you think, only what the buyer thinks.Some smart broker in Ohio should create a central investors realty and have them all licensed for a small fee per deal.
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12 May 2022 | 12 replies
You have the ability to pick and choose what parts of your real estate investing journey have been the most pleasant so far and focus on optimizing those components moving forward.
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16 July 2019 | 6 replies
So I don't know if people are paying their rent just hoping the money will get in their bank account in time, or if they are paying rent and then spending their money thinking it has already been taken out.
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27 June 2019 | 12 replies
If doesn’t fulfill his 1031 purchase of another property, he has Absolutely no way to “undo” his sale to you.....it is done and over.Your agent is misinformed and a bit paranoid.I’m sure the “1031 addendum” (typically used on the purchase end of the 1031) says nothing about him being able to undo the sale should he not find a replacement property in time.
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2 January 2022 | 16 replies
You could even ask them what would make their stay at your place more pleasant.
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29 April 2023 | 8 replies
I told tenants in times like these renters insurance would have covered housing and loss of food.