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13 November 2015 | 32 replies
His son is a RE attorney that we plan on using for document review/ closings and both of them come highly recommended.With that said, I am going to look into this a little deeper.
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9 October 2015 | 6 replies
Don't go by what the seller "thinks/remembers" look at the documents and recordings in the clerk of court, available online.
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27 September 2016 | 35 replies
I've enjoyed reading other investor's deal diaries, so I thought I'd document our progress on this house, and would love to get advice from more seasoned investors along the way.Here are the details:Location: Munroe Falls, Oh (suburb of Akron); nice neighborhood with mix of owner occupants and renters (I'm guessing it would be considered a B-class neighborhood)Type: 1500 square foot single family home, 4 bed/2 bath, 2 car detached garagePurchase Price: $77k; seller paying $1.5k closing costsARV: $140k, after approx. $25k in repairs.
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10 October 2015 | 7 replies
I am also having them read and sign off on documents from the CDC and the state Department of Public Health and Environment that give facts about mold and health.Luckily the reserves are in great shape.
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10 October 2015 | 7 replies
Yes, they still carry a higher interest rate (5 - 8% 1st position, 8 - 14% in 2nd), but the interest rate would be even higher if we were to lend unsecured (which we don't).We use our own lending documents and the borrower is responsible for all origin and administration fees.
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10 October 2015 | 1 reply
If you don't occupy within 60 days, it's important to document why you were prevented.
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25 October 2015 | 11 replies
More Agents Job-Hopping to Other Brokerages DAILY REAL ESTATE NEWS | FRIDAY, OCTOBER 09, 2015Real estate agents are increasingly on the move.
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15 October 2015 | 133 replies
Sending a "no update to report" is better than not sending anything until there is news because the client will feel like you are keeping them out of the loop or not being professional.There might be a few states who require a Realtor designation as part of licensing but I do not know of any.
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20 October 2015 | 27 replies
They send me my tax info at the beginning of the new year for deduction purposes and they send my seller interest rate profit documentation for the sellers taxes.So how did I get the seller to agree to something like this?