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9 October 2019 | 1 reply
I found good ones and I found bad ones.I think the biggest thing is paying them correctly; avoid prepayments, and don't pay by the day/hour -- pay for completion of a very well-defined task or scope of work.One good advice that I actually took was this - if you have some friends that are in insurance, go ask them if they have any clients that do certain types of contractor work.
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9 October 2019 | 8 replies
And yes, I would have these and my criteria defined prior to pursuing the deals.
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10 October 2019 | 13 replies
Surplus, if any, would go to the estate and the probate court would do the distribution to the court defined successors.
10 October 2019 | 5 replies
Smith - when I got licensed I had the idea to use my first language German as an inside edge to define a niche.
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10 October 2019 | 3 replies
The market defines the rent so if you build a fourplex with 2 bed 2 baths units (like most) you won’t cash flow renting for approx 2,000 (avg rents) Some investors gave up trying to rent so I’ve seen there several new fourplexes for sale (unit prices were around 650K for each unit few months ago) which I personally think they are overpriced for something small (almost a condo) without any land or yard space.
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16 October 2019 | 11 replies
Placing properties with development potential under contract with the right terms and conditions (meaning at the right price, option payment structure and closing date) and getting them entitled and defined as to use and density provides an opportunity to create value that can be realized selling the entitled property/project to a developer or developing all or part of it yourself.
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14 October 2019 | 3 replies
Really appreciate that there's a community of people dedicated to this as it seems like the most clearly defined path to some semblance of financial independence.
12 October 2019 | 2 replies
The county you live in has a defined VA loan limit.
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15 October 2019 | 8 replies
The nice thing about a well-defined clause like the tenant owes X amount is there's no debate about what's reasonable.
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12 October 2019 | 6 replies
This property meets the requirements of Sections 1947.12 (c)(5) and 1946.2 (e)(7) of the Civil Code and the owner is not any of the following: (1) a real estate investment trust, as defined by Section 856 of the Internal Revenue Code; (2) a corporation; or (3) a limited liability company in which at least one member is a corporation.”Please reference AB 1482 for details.