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2 April 2024 | 20 replies
I have an off listing property that was presented to me needs everything redone hasn’t been renovated since 1958 seller was asking 350k for 2/1 with back room having potential to become another room if closed off what’s a good price to offer to seller since I have to do a complete rehab
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2 April 2024 | 3 replies
I have a 5bd/2.5ba property that I am looking to rent and am curious about the Section 8 program given that many residents and potential tenants in this neighborhood pay their rent with Section 8 vouchers.
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2 April 2024 | 3 replies
It might be tedious, but it’s a wise investment of time to avoid potential mishaps.If you're a Microsoft office buff I'll email my spreadsheet it could be a valuable resource for others navigating similar situations.
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2 April 2024 | 1 reply
By fostering open communication and a spirit of cooperation, I believe we can achieve remarkable results together.I invite you to connect with me to discuss your potential interests further.
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3 April 2024 | 83 replies
And just like there are bad investors, bad Realtors, bad lenders and bad carpenters, there are bad appraisers.I'm betting this will not be the last comment in this thread, but to those who may follow, are you speaking from a standpoint of ego or indepth experience in doing appraisals and knowing what and when an appraiser wants it?
1 April 2024 | 4 replies
Honest opinion - this seems like a great opportunity for you with 70% LTV at 5.5% for a property this type/size - I would be very very careful if you need to get the other 20% as a relatively new investor - someone willing to lend the remaining 20% could easily take advantage or come up with terms that could cost you - definitely depends on the further info - but tapping the equity of your current rentals and taking down the full 30% equity stake in this acquisition would probably be the best bet
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2 April 2024 | 15 replies
Bradley,Do you have any recommendations for the top zip codes in Nevada to invest in SF propies below the median with potential for cash flow?
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1 April 2024 | 6 replies
Hard money where they finance the purchase price plus 100% of the renovation budget is your best bet.
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3 April 2024 | 17 replies
They really should be able to terminate even faster since they haven't onboarded or done anything yet (maybe a background check at most)You are the owner of the unit - so yes you can refuse to sign or approve any tenant generally (unless your contract specifies otherwise which would be incredibly odd - my PM runs potential tenants by me first)
2 April 2024 | 6 replies
This may involve hiring licensed contractors and obtaining necessary permits2.Address structural integrity, electrical systems, plumbing, and potential water damage from firefighting efforts.Insurance Considerations: A history of fire damage can affect insurability and may lead to higher insurance premiums.