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17 September 2016 | 15 replies
Hi Russell,We have 3 meet ups at this time in the Seattle-ish area.
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15 September 2016 | 3 replies
Even if you already have a realtor that you are working with, I find it is always helpful to meet up with new folks and get plugged into the local REI community.
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15 September 2016 | 5 replies
However, on the last two turnovers I have had, I had many prospective tenants not like the fact that they did not meet me at the showing.
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17 September 2016 | 4 replies
Aaron,Was nice meeting you and your dad today!
15 September 2016 | 4 replies
It's not market standard yet so it's still an emerging trend.
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16 September 2016 | 1 reply
Given that I would call or meet an agent at my local real estate meeting and say "Hello Mr.
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16 September 2016 | 4 replies
For a purchase: the lesser of current leases in place, or appraised market rents, is used.It's not a separate appraisal, it's just an "add on" to a standard appraisal.
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18 September 2016 | 14 replies
ARV - $660,000Rehab - $135,000 (He really spent $175,000 but that's because it sat longer than expected plus a few hiccups)Purchase - $365,000Based on what I've learned from REIA meet ups and about wholesalers, typically you determine purchase price and wholesale fee using the following formula:(ARV*70%) - Repairs - wholesale fee = Purchase price($660,000*0.7) - $135,000 = $327,000.
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20 September 2016 | 3 replies
Go to local real estate investing meetingsTalking to people, attend HOA meetings, realtor meetings, get social and tell people what you're doing.
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16 September 2016 | 2 replies
The properties that need significant work are not going to meet the fha guidelines (what all the big banks use).