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12 September 2016 | 5 replies
@Mark Douglas are you seeing any MLS listings where you are giving a reasonable investor level offer and folks are accepting in Nashville?
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3 March 2021 | 8 replies
For my lower end units in rougher areas, I am getting around $500 for 2/1.
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5 September 2016 | 7 replies
Rent was lowered but still with no results.
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6 September 2016 | 3 replies
And thus I focused primarily on properties I could make into Class B+ or Class A. 700-1000 for a 2 bedroom, 1250-1500 for a 3 bedroom, I also tried to keep rents at levels that are realistic instead of fantastic moonshot projections.I never felt my rentals were ever going to be massive cash cows, as I generate around 0.85-0.9% of my portfolio cost in monthly gross rent, but I am happy with it and as are my tenants.
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21 March 2017 | 18 replies
If we want to look at return on capital, the rate is much lower, because at the end of 4 years we'll have an asset worth ~$35,000 (if sold in a package to an investor) returning ~$4300 annually, but that is still a 12% return on capital.
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6 September 2016 | 3 replies
Level 2 River White Granite and Venetian Gold Granite are two other options I'm looking at...The home is a rental property which I'll either move back into or sell in 2-5 years.Above - Agreeable Gray wall w/ floor tileView of the kitchen (these are the old cabinets which I'm using until the new cabinet installation)Another view of the kitchen (before the recessed lighting install)...you can see where the island is going to go.Thanks!
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7 September 2016 | 21 replies
Jllcollinsnh.com is an awesome place to start for a really high level overview.
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13 September 2016 | 12 replies
I chose orange county because I am somewhat familiar with the area as I travel there quite often, the taxes are lower than nearby Rockland and Westchester counties, and the percentage of home sales have risen more than the respective counties over the past year.
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6 September 2016 | 1 reply
Obviously, the goal is that several years into the business it gets easier as you serve clients at a high level and they refer you to their friends and family.
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7 September 2016 | 7 replies
It's going to be older/neglected real estate, so the sellers will generally go along with it if it helps get the house sold.Example:Identified a below-grade un-permitted basement bathroom with a jenky pump lifting the toilet waist up to ground level and into the sewer system that was all sorts of a hot mess, no way anything about that bathroom is up to code.