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5 March 2014 | 3 replies
Sometimes you can get banks and what not to take that stuff off.
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17 September 2015 | 45 replies
If a wholesaler is doing things right, (s)he shouldn't take it as bashing either because the discussion won't apply to him/her.It's actually an education in what NOT to do.
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8 June 2015 | 8 replies
It is really just for bikes and what not, there are 3 spots in the driveway so a car parked in there would likely be blocked in.We have two units with space to accommodate washers and dryers, so we are considering adding these amenities to them and then charging a bit more for those units. 2 out of 3 of our houses have laundry in the basement (shared by all tenants) and we might also add laundry to the 3rd house.I always let my tenants know about upcoming vacancies in case they want to move to a larger or smaller unit, or in case they have friends who need a place.
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17 October 2015 | 7 replies
I built a wall with a door around it and have just finished putting up the drywall and am ready to mud.The problem is, that the new wall, joins an 2 old walls and the ceiling, which are already painted and what not.
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5 June 2017 | 9 replies
With this theory, If I make sure my all in price after rehab is capped at 80% of fixed value, then I won't have to deplete that 1/4 mil, ill have 20% equity in each house, I'll be getting cash on cash returns to which ill add to the investment monies, and making enough off the GC company to pay my regular bills and what not.
16 November 2016 | 3 replies
The fix-and-flip, or rehab, market is one of the most popular places for the freshman real estate investor to start—it comes with the lowest barrier to entry. Shows like HGTV’s Flip or Flop and Fixer Upper make it all...
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6 February 2017 | 10 replies
It will be a great lesson for all in the room for what NOT to do.BTW, even though your plan to pay off your HELOC is for 10 years and that is an admirable goal (I doubt seriously the majority of the money to do that will come from the property because I think you've analyzed this far from realistically), for long term holds with our historically low interest rates I recommend fixed rate, term loans which would completely eliminate the risk of interest rates rising and cutting this already very thin (probably in-the-red) deal off at the knees.
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31 March 2018 | 98 replies
The mentors can have their person under their wing, starting with some of the grunt work, like researching the county records, running comps, and whatnot.
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28 September 2017 | 10 replies
If the company you pick will not insure title, it can be a bunch of hassle and whatnot for no reason.
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10 January 2019 | 21 replies
I'd be happy to connect you to some excellent resources as you consider a rental and tell you what NOT to do here!!