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7 March 2019 | 4 replies
It is easy to say 'just price it right', I know if I lower the price I can move it, but I'm looking for more creative options and productive comments from seasoned investors in this forum on how they would handle this situation.However, I do know that the ARV on the property is 130K and the rents in the area are 1350 per month, so I think it would make sense for a buy and hold investor, but not necessarily a fix and flip investor.
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7 March 2019 | 1 reply
I'm going to move and will be in a location where I can easily invest in a few MSA's within easy driving distance.The challenge to getting a solid handle on what those MSA's are doing overall is finding decent data: it's either for a single point-in-time (not showing year-over-year trends), dated, not reputable/no idea where it comes from, or too much money to take a chance on it answering my questions.Any recommendations?
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15 March 2019 | 8 replies
We do hope to do more of these going forward and I will probably need an attorney to handle the evictions for us at some point.
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7 March 2019 | 4 replies
I am putting an offer on the property and would like to bring the $325 unit up to par but don’t know how to handle the tenant.
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11 March 2019 | 8 replies
This park is fairly small so either you will need to manage it or have a part-time manager nearby to handle issues when they inevitably arise.
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6 September 2020 | 2 replies
Would anyone in the Scranton/Wilkes-Barre area be able to kindly recommend a title and escrow company to me that handles assignment contracts ?
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8 March 2019 | 1 reply
The GC has handled fire damage jobs before and guaranteed me he could do the inside of the house (and fill in a pool in the backyard) for 100KThe numbersPurchase $10K Rehab $100K ARV $150KI have the money for the purchase and some of the rehab.
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13 March 2019 | 6 replies
Now, as there is no 100% safe investment with high return the question is how can you handle a streak of bad luck when your investment does not produce what you expected?
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11 September 2020 | 41 replies
They do not take the time to know what a tenants needs really are let alone how to handle a tenant that might be overly needy or unreasonably demanding.Accounting — I have to audit the statements on a regular basis.
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24 January 2016 | 20 replies
@Joe Villeneuve in the great GFC mass foreclosures were a result of tenants not paying in many markets... and under capitalized and underwater owners.. defaulted with many ruining their credit for years because they did not realize that they needed substantial reserves to handle vacant properties... then you add in the areas were vacant properties get trashed and stripped then there was no hope for the owners.If you look at most homes that you buy today.. at least 50% of them are failed landlords that walked... this is true all through the mid west.So one needs to not just think that if there is a melt down again everyone becomes renters this did not play out that way last time... many left the area ( think PhX Vegas) Many ended up moving in with family...