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27 March 2018 | 24 replies
Yes I've been watching a few youtube videos of the replacement process and doesn't seem terrible but who knows what you'll find when you remove the window.
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18 July 2018 | 9 replies
If that house is still available I would get it under contract as soon as possible as a primary residence and then figure out the details in the coming weeks/months.
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21 March 2018 | 4 replies
I have listened to some podcasts and watched some YouTube videos and that is the extent of my experience.
15 March 2018 | 1 reply
Or maybe an article that explains this in further details would be great.
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16 March 2018 | 9 replies
Happy to give more details of all the issues we put up with while living here just to avoid having to deal with the manager, but really wants some perspective from the landlords and experts here.
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23 April 2018 | 12 replies
I think I'm finally going to do it thanks to watching all the inspiring bigger pockets videos on youtube.
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18 March 2018 | 7 replies
Rather than bore you with all the details, here are the numbers I came up with:$88,000 PURCHASE PRICE (They are asking 93k and the city values it at 96k)Purchase Closing Costs$2,000.00Estimated Repairs$500.00Total Project Cost$90,500.00After Repair Value$95,000.00Down Payment$17,600.00Loan Amount$70,400.00Loan Points$0.00Amortized Over30 yearsLoan Interest Rate4.250%Monthly P&I$346.33Total Cash Needed$20,100.00Vacancy:$30.00HOA:$86.00Repairs:$50.00Insurance:$23.00Property Taxes:$85.00$1,000.00 MONTHLY INCOME (Property is currently being rented til May for $925 a month, but avg. is 1,300 there.)$620.33 MONTHLY EXPENSES$379.67 MONTHLY CASHFLOW9.17% PRO FORMA CAP$8,712.00 NOI$20,100.00 TOTAL CASH NEEDED22.67% CASH ON CASH ROI9.90%PURCHASE CAP RATEAccording to the numbers I think it'd be a great investment if I could find a way to get the $20,100 I need.
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18 March 2018 | 16 replies
In the chapter on wholesaling, he states that many wholesalers include detailed bids from contractors in their proposals to potential cash buyers.
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29 March 2018 | 12 replies
I’d just find some comps and call them and search for all the details about rents, deposits, fees, and pets.
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18 March 2018 | 0 replies
May need a video and drawing on whiteboard to “see” the how, i.e. pg. 57 (the year 7 example plan 1: 24u x $200 x 36m)Thanks for the help