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22 March 2017 | 6 replies
So, that's out.Not much anyone can do at that level, except maybe refi into a new HUD 1st, if a lender can/will do that.
24 March 2017 | 14 replies
A good model could be follow the BRRR model except look to airbnb as renting.
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22 March 2017 | 2 replies
well, as of 2 hours ago we just closed on our 2nd deal in 6 months, purchase price $351000,total monthly rental income $4150monthly expenses $91611% cap rate =thumbs upwe got into real estate to help others who want to be able to enjoy their freedom and set a more clear path towards retirement,our goal is to build our business and set forth towards our retirement in 5 years, and I want to hear other peoples success stories in the near future as well.i was first told that i'd never be able to own 1 million dollars in real estate.my next target is to have 10 million dollars in real estate and finally $100 million dollars in real estate, get started today if you are scared, you'll never know except for hearing form others success.
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27 March 2017 | 4 replies
I can't speak for NJ, but in all of the deals I've bought or was in negotiations on, the bank/foreclosure company/investment company wouldn't agree to turning on the utilities (except for one deal, which allowed the local water turned on but no other utilities).
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22 March 2017 | 2 replies
We are all just out of college, except my investor, so we would want to speed the rehab process up as quickly as possible so avoid any holding costs.
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29 March 2017 | 25 replies
The only exception is if owning real estate is the "one thing" that you are amazing at.
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26 March 2017 | 22 replies
I have $95,000 less in my bank account.Now I will sell this note for less than $95,000 (Excepting for the few payments.)I put the note sale proceeds in my bank - BUT Now I have less than when I started.How is this good for me?
22 March 2017 | 1 reply
The Landlord/Agent may enter the dwelling unit after giving due notice (24 hours) to the Tenant and the Tenant has not unreasonably objected, to: make necessary repairs, decorations, alterations or improvements; supply services only by mutual agreement during normal business hours, except in an emergency; or exhibit the dwelling unit to prospective purchasers, mortgages, or tenants only during normal business hours, including weekends, except as the Landlord/Agent and Tenant otherwise agree.
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23 March 2017 | 10 replies
I cannot help you in anything except wholesaling and you do not want to do that.
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23 March 2017 | 4 replies
The only thing I could think of was to not give them their security deposit back if they didn't complete the term, but according to Florida Statute 83.49(3)(a) and 83.49(5), I still must return their deposit minus any claims.It is cheaper for me to let them leave than to file any evictions in court.I did notice that in the first paragraph of 83.49(5), it says "except when otherwise provided by terms of a written lease..."