16 June 2018 | 4 replies
Which option would leave me the most protected and also give me the best tax benefits?
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29 June 2018 | 4 replies
His only concern is that the turnover is a little bit higher, but that may just be the area and not the type of property.His deal is still profitable because he's doing a lot of the fixes himself and the units are pretty nice.
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17 June 2018 | 14 replies
My question is, with rising taxes, anti-landlord regulations, stagnant job growth, and people leaving the area, is it still a good idea to buy an investment property here?
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16 June 2018 | 15 replies
The other option is leave it as is.
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18 June 2018 | 7 replies
I'm always concerned when people choose a market for personal reasons i.e. they want to vacation there.
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19 June 2018 | 13 replies
Before making an offer, we asked about something else, and the builder representative said, "The home is sold as shown," which is a polite way of saying, "Take it or leave it."
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15 June 2018 | 4 replies
I’m also concerned with quality of materials and maybe I should accept that things get replaced more often in an apartment and just buy the cheapest of everything I can find?
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27 June 2018 | 4 replies
Assuming a mortgage is not a Sub2.Sub2 or taking title subject-to refers to taking over legal title to the property subject to the current financing, encumbrances, liens, etc.If the prior owner is now a leasee, hopefully you structured that well and setup and fund a new tenancy as soon as title transfers over to you so that the rights and duties of both parties were clearly laid out.If they arent in a contract any more you can give them a notice to vacate and the proper time to leave depending the local tenant landlord laws in your area.
16 June 2018 | 8 replies
He vacated the property on 1 June 2018 and told me 2 hours before leaving that he is going out.
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15 June 2018 | 2 replies
., with min loan amt of 50K at 12% for a renovation (Fix/Flip) package...then following the BRRR (not sure how long their seasoning period is...but I'll ask) we can do a refi at their 6.1 conventional rate.Conventional loan: McGloan, 30 yr fixed rate, 4.8% (not bad)Im concerned with interest rates going up that perhaps we should lock in that low 4.8% rate (conventional loan), and pay out of pocket for the renovations ourselves?