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11 September 2017 | 12 replies
(You can always log into google and find out what the incoming number was.)As for LLC.
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11 June 2018 | 13 replies
I changed out the locks this time but am evaluating landlord locks for the next move.
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11 May 2018 | 7 replies
You may want to carefully explain to him that he is responsible for damage to the property just like all tenants are.Another one of my non-lawyer opinions: If you are not going to renew then you should do it based on the facts and "damage to the property".Remember to evaluate the income and costs of turnover vs keeping the tenant.
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3 May 2018 | 3 replies
I think this strategy may be more common with seller-financed deals (“your price, my terms”, or “my price, your terms”).In addition, when you give the seller several buy options, psychologically they’re more likely to compare your offers and like one more than another, rather than stepping back and evaluating whether or not any of your offers are good.
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20 May 2018 | 7 replies
If your initial evaluation is strictly school districts then you should look to the more affluent suburban areas as they will almost always be higher ranked than the inner city school districts.I completely agree, as previously suggested, that you should definitely do a little in person evaluation of the city and surrounding area before you decide to part with your money.
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19 May 2018 | 0 replies
For example, in my market I know that:Total gut rehab with both exterior and interior work will run me on average $60/ft for a rental and $70-$75/ft for a nice retail flipTotal gut rehab with only interior work will run $40/ft for a rental and $50-$55/ft for a nice retail flipCosmetic rehab for a rental will run around $20/ft (baths, kitchens, flooring, etc)If I look at a property older than 40 years and it hasn’t been updated in decades, it’s a definite gut job (have to tear everything down to the studs)Etc etcSetting up these “rules of thumb” will massively speed up your deal evaluation process, while preventing you from making costly mistakes.Go through this exercise one time and you will make massive progress in your ability to estimate repairs and value deals!"
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15 February 2018 | 0 replies
After all, the loan request is being evaluated on whether or not the projections materialize and generate the kind of cash flow that will pay-off the loan.
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23 February 2018 | 9 replies
I would definitely reevaluate that deal and take the proximity to UAH out of the evaluation.
24 December 2021 | 12 replies
Since you're already pre-qualified for an FHA loan, evaluate whether it make sense or not for you to use a Hard Money loan for the purchase & renovation then refinance once complete into the FHA loan.
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21 March 2018 | 19 replies
I personally think its regional I have never stopped anything in 44 years.. may pivot from one thing to the next but if I stop I stop eating as well.when RE got really bad for instance in the mid 80s with 20 % interest rates we went to owner financingwhen it crashed In the bay area I went to ORegon and started Logging and made HUGE money.when Japan crashed and the log prices went with them I went back into buying and subdividing and Hard money lending.. etc etc.08 to 2011 of course were very very bad but we did not stop.