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26 March 2017 | 10 replies
So if a fortune 500 company wouldn't accept that property, I sure as heck would not.Also, I could be wrong but I believe one way these companies stop the contamination is to burn the dirt.
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6 November 2017 | 9 replies
Unit rehab is also a LOT because you need to change the windows out to double or triple pain in many areas as the young people that do burn outs on their moped or dirt bike can be bothersome and turn non section 8 tenants away.
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1 September 2016 | 2 replies
I got burned in the crash of 2008, but never lost my affinity for real estate.
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2 September 2016 | 8 replies
So far the contractor has replaced a compressor (burned out) and the condenser (with a goodman rep involved, neither of which could figure out why as they are so reliable)New line set to go in today for $500who is liable for this and who can I talk to about it?
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3 September 2016 | 6 replies
I got burned on a fix n flip in Seattle years ago and that scared me away.
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3 September 2016 | 6 replies
Foreclosures that are actually a good deal are rare and you can easily get burned if you don't know what you are doing.
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8 September 2016 | 19 replies
Maybe not right away, maybe not for a long time but eventually you will get burned and if you get burned on a property 2,000 miles away everything is more expensive because you are paying someone like me to do it for you and I do not work for free.Investors with small portfolios need to know that they can afford to cover the holding costs of the properties when there is no rental income.
10 September 2016 | 6 replies
Where people tend to get "burned" when signing with a buyer's agent is in a scenario in which you find the property, but you may still owe your agent a commission because of them being a procuring cause of the sale.
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20 September 2016 | 17 replies
Figure out what you have into the property for total cost and than run a highest and best use analysis.This should tell you whether to rehab what is there or tear it down and build something new with the same asset class or a totally different asset class ( commercial, etc.).Additionally once you find out the highest and best use then look at the TIME required to develop that use and receive income from it or sell off.Some people will get the fire department to do a "controlled burn" on the property and use it as a fire exercise.
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7 September 2016 | 6 replies
It may cost a few bucks, but you won't be burning bridges.