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1 June 2021 | 3 replies
Because getting financing through a new LLC is difficult, how would you recommend approaching securing the financing and title with the LLC?
7 June 2021 | 16 replies
Evictions are very difficult right now.
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28 May 2021 | 6 replies
Usually too expensive to work on average rental properties.Type 3 (Average Quality, Average Price)May build an occasional garage or addition, typically focused on remodeling and maintenance work.No advertising, the contractor is the sales/bid staff, no design services, office support is typically wife/girlfriend/mother.Low overhead leads to markups of only 25%+.Bids: Difficult to get a professional-looking bid from them because they would rather be making money working, instead of spending their time doing bids for free.Comment: Contractors that are perfect for medium/low-end flips & rental properties.
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27 May 2021 | 13 replies
Plus it is difficult to build credibility when you don’t have any skin in the game.
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26 May 2021 | 3 replies
(he lives with his mom, not at my house) Eventually i want to put the home into the name of an LLC, but i don't want to make refinance difficult or be put in a position where we have to wait an extended amount of time but i need to keep my home protected.
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25 May 2021 | 1 reply
I learned a lot of hard lessons during the rehab loan, finding contractors to estimate was difficult, getting the vendors paid by the bank was difficult, there are a lot of extra fees such as a required HUD consultant, inspections and draw fees.
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27 May 2021 | 8 replies
I'm just starting my wholesaling journey, and finding cash buyers is more difficult than I anticipated.
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1 June 2021 | 8 replies
Lastly if you have never built new construction you might find it difficult to find a lender.. and will need to bring in an experienced partner.
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1 June 2021 | 25 replies
Practically though it seems on most posts with a difficult tenant someone will bring it up and if tenants google their situation on what to do they will see the practice.
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6 June 2021 | 6 replies
I don't personally look at single family in Mpls because I think it would be really difficult to cash flow, unless you were renting section 8 in North Mpls, which is a niche I know some do very well in.