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18 March 2017 | 2 replies
In a rent to own you can charge premium resell price (i.e.190k) , you get a deposit that lowers your cash advance , you collect the majority of the rent (no vacancy/turnover and typically no maintenance costs) ... if you have bought at 105+20 rehab+ 20 financing and closing costs costs and unplanned you total 145... if you sell even at 180 to a rent to own and get a year of monthly payments that give you approx another 10 net, you spent 145 and made 190I hope this makes sense to you... in order for my rentals to work I need to charge 1k rent for 50k house (or 2k for 100k house)...
26 July 2014 | 4 replies
This isn't the same (IMO) as if this assessment was for some kind of "new" or "unplanned" expense.
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24 September 2021 | 67 replies
I will negotiate a contract and take you through closing for 6 percent unless there are comprehensive and unplanned negotiations regarding; major repairs which are unknown at this time, hidden title/easement complications, water and sewer repairs or negotiations etc. in the case of extensive negotiations and or repairs, the commission will escalate to 8 percent.
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22 November 2022 | 56 replies
To answer your question, my journey into being "The" REI Realtor was such a winding, un-planned path.
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27 December 2022 | 9 replies
It was unplanned but she had managed the few properties we had in Ca for decades, and she is doing a bang up job.
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4 May 2018 | 10 replies
It’s always a good idea to add a little “I.C.E” funds to your repair cost Incase anything goes unplanned.
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24 March 2017 | 12 replies
One unplanned trip to a property can wipe out a lot of profits once you factor in plane, hotel, car rental, etc.
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11 March 2015 | 126 replies
You need to decide how much you need to fund today (planned capital expenses) or accept that you are willing to risk your future income (unplanned capital expenses).
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22 May 2013 | 16 replies
Usually when building capital, it is a combination of steady savings and some other unplanned/unexpected financial windfall that we use for investing rather than a new big screen or whatever the average person does with it.
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10 January 2015 | 6 replies
Because of the change in plans along with some unplanned rehab costs, I likely won't have the funds to rehab both houses up front (although I can find additional funds if needed).I read about Fannie Mae's "Delayed Financing Exception" which looks like it may be an option for this property.