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12 March 2024 | 41 replies
An investor has to buy low and sell high (that's the idea).
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11 March 2024 | 3 replies
They can’t review the “hot” deal their broker just sent them because they’re too busy categorizing emails in color coded category’; they can’t attend the on line networking session because they need to switch over to a more detailed CRM system; they can’t visit the property going up for auction because their scheduled weekly garage cleaning is running overtime…..The Educator – This person never feels they have enough knowledge, experience or education to properly evaluate an investment.
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12 March 2024 | 9 replies
great idea...i should be more specific on the terms with what i plan to rent to see what can be worked out by the lender
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12 March 2024 | 250 replies
It will give you an idea of the types of claims which are covered (and not) by a title policy.
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12 March 2024 | 168 replies
But for now just looking to start my empire and I'm really thankful for all the great ideas and advice I'm getting here on BP.
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11 March 2024 | 0 replies
Or do you have any different ideas on how to proceed?
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11 March 2024 | 16 replies
Ie: if the lease (including m2m with proper notice) is expired, there's little to dispute.)
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11 March 2024 | 8 replies
First off, an agent would generally not be responsible for an outcome like that only for things they didn't handle properly.
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11 March 2024 | 15 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.