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20 June 2014 | 11 replies
We have lost deals a number of times for a variety of (suspect) reasons BUT before or on the day of the close the buyer maybe forced to back out.One we bid on SOLD for $72,000 but failed to close & we got it for $45,000, cash, no conditions, close in 30.Last week there were several competing highest & best offers.
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26 September 2017 | 28 replies
It is an employer sponsored retirement plan, which should provide you with a wide variety of investment options.
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12 April 2015 | 22 replies
@Jay HinrichsBut would you say that those people are not of the as long as you pay we will take your money variety?
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25 January 2015 | 5 replies
Our rules do allow, however, for us to hire unlicensed employees that can perform a variety of management-related duties, such as showing properties, lease signings, etc.
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18 February 2015 | 16 replies
House was built in 2006Listed at $185kHas been assessed at $244-255k every year since 2007Property taxes ~$5,200Disclosure does not reveal any major issues with the house -- just missing kitchen appliances and railing needed on back deckGiven the spread between the list price and the assessed price (and my simple Zillow tour of neighborhood prices), it seems like this house could potentially be a great deal for me.
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22 October 2014 | 5 replies
@Kendall Harn Welcome Kendall There are a variety of ways to get information education.
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18 September 2015 | 19 replies
A share that will almost certainly be LESS than 50%, by the way.Steve was suggesting that title searches on similar projects would reveal the names of the investors involved in those projects, and provide you with a list of people to approach.
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4 October 2015 | 8 replies
Banks tell you what is needed up front and hard money folks are a bit less revealing or up with information.
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28 January 2021 | 28 replies
These are the numbers on a triplex that I purchased 2 years ago:Cost: $255,000Gross Income: $36,000 + utilitiesNet Income: $27,000Cashflow: $15,500Cash on Cash Return on $56,000 investment: 27.7% per yearI would definitely recommend multi-family, as your cash on cash return is almost always higher than single family for a variety of reasons (more income, lower vacancy, CCA, etc.).
25 August 2015 | 2 replies
They have a variety of plans and deductibles so do some research.