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4 November 2021 | 9 replies
It will affect new purchases, but your CoC return metrics are based on fixed cost mortgages that don't change for 30yrs.
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6 November 2021 | 6 replies
Any EMD would go direct to escrow and then and only then once I have reviewed and agreed to the purchase contract and any and all terms enclosed in it such as inspection timeframe, closing, purchase price, who pays what closing costs, etc.Your due diligence must happen prior to accepting the wholesalers contract unless you also are granted an inspection period inside the purchase agreement with the seller.Everything is negotiable so if the price from wholesaler to you is too high, negotiate it down.
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3 November 2021 | 1 reply
I’ve reviewed the top hits for this subject and didn’t come up with anything in the past few years, so wanted to revive and see if anyone has had recent success or is currently developing a short term rental community.
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3 November 2021 | 0 replies
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*This link comes directly from our calculators, based on information input by the member who posted.
This property would be my first deal. It is a fourplex with a SFH on the same propert...
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3 November 2021 | 5 replies
Thoughts anyone? What am I missing? Do the numbers for DFW metro look good?View report
*This link comes directly from our calculators, based on information input by the member who posted.
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4 November 2021 | 9 replies
It's possible, using certain metrics, to bypass the appraisal altogether.
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4 November 2021 | 12 replies
Now you have a side by side comparison to review.
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14 September 2022 | 3 replies
Landlords who want to go this route have to fill out the following forms (the second is not mandatory but suggested):Request for Rent Increase Greater Than 3% - Landlord Application (office.com)Landlord MNOI - Cap Improvement Worksheet.pdf (stpaul.gov)Additionally, landlords can raise rent by greater than 8% by submitting a request which is then reviewed by the city.Has anyone successfully increased rent greater than 3% but less than 8% by using the self-certification process?
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3 November 2021 | 0 replies
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*This link comes directly from our calculators, based on information input by the member who posted.Can someone please help me. I'm a new Pro member and the Brrrr calc doesn't have a spac...
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6 November 2021 | 2 replies
Below are some tips to find a Local CPA that specializes in real estate1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.4) Verify that your CPA is licensed.