27 February 2024 | 30 replies
It doesn't make the house worth $350K-$400K.
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27 February 2024 | 36 replies
I doubt they will help you now although it might be worth trying...
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26 February 2024 | 7 replies
My husband and I purchased our first duplex in 2019 and I remember we spent a year prior evaluating duplex properties as we didn't want to make a mistake.
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27 February 2024 | 6 replies
IMO it would be worth paying a local attorney who performs evictions in the area the property is located for an hour of time to put a plan together to make sure you don't accidently do anything out of bounds.
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27 February 2024 | 3 replies
Also worth noting, unlike the stock market where you can buy into the broader market and the market price is set, real estate you are buying a single specific deal where prices are not set.
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27 February 2024 | 2 replies
No.Solutions: 1) Stay out of it 2) Camera the laundry room and check the condition of the washing machine after each time you see residents using laundry, charging the prior user for any damages. 3) If you are convinced it is the mechanic and they aren't worth keeping as residents, non-renew them at the end of their lease.
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27 February 2024 | 36 replies
That said, I personally wouldn't invest in that type of area, in my opinion (for whatever that's worth) I'd advise taking on some debt and going a little higher in price to get a more consistent area that will provide a safer investment.
27 February 2024 | 9 replies
Don't waste your time. 9 years ago it may have been worth it.
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27 February 2024 | 26 replies
Depending on what bank owns it you may have bills for water, sewer, grass cutting, etc. since the house went into foreclosure, maybe a year or two worth of bills.
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26 February 2024 | 3 replies
My husband and I purchased our first duplex in 2019 and I remember we spent a year prior evaluating duplex properties as we didn't want to make a mistake.