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16 September 2018 | 12 replies
Hopefully I will have that relationship someday but for now I work with individual commercial brokers and have done several deals with them.
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10 September 2018 | 8 replies
I have seen that if you can produce a rehab plan and show permits, architects plans , a court will remove the demo order.I mention this only because I saw it happen recently for a individual who bought a house at a tax sale for $9000.
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4 August 2022 | 19 replies
Account Closed Yes, Joint tenants can 1031 either together or individually as long as the joint tenants are separate taxpayers.
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10 September 2018 | 3 replies
Adding further to the frustration is that I'm often asked if the property is rented out currently and if not, we have to do an entirely different insurance product while the home is being fixed up.
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20 November 2018 | 29 replies
Likely would be quite costly initially as they would have to convert all the zones to one furnace versus the two per building along with converting the furnace itself, but much cleaner and less of a hassle in the long run.One thing I have had success with is getting rid of a furnace completely and putting individual propane wall units in each apartment.
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17 September 2018 | 10 replies
Motivated sellers and the buyers or tenant buyers on the backend.Next you need to decide your marketing and campaign strategy.
15 November 2018 | 31 replies
You as a flipper put out a good product and you’ll still get top dollar.As Jay has stated the new strategy seems to be shifting from list price is set below market to generate foot traffic for multiple bids and revert back to pricing it to market or slightly above for concessions as it’s slowly shifting to buyers market.But I agree, don’t expect insane triple digit net margins anymore.
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8 September 2018 | 3 replies
So the plan we figure is cleanest is to have the LLC buy the property from the individual partner (writing check from LLC to individual partner, and recording a grant deed transferring title to the LLC).
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10 September 2018 | 7 replies
It'd be great for individuals downsizing, new homeowners, or those just starting a family.
9 September 2018 | 8 replies
lets see no money down interest only... well that was a go to product in 04 to 06 it was called pic a payment.you get get neg am or interest only or fully amortized you picked the payment. you could do no doc just needed decent credit.. first and second etc etc.. those loans no longer exist and for very good reason.