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9 September 2016 | 8 replies
I have rental properties and the property management company direct deposit my rental into my bank account instead of naming the properties by address, she just put the property management company name in the additional income.
23 August 2016 | 3 replies
If you don't know what the repairs will be or how to figure them, get a couple of contractors to come walk through the property with you and give you estimates until you learn how to figure the repair amount for yourself.So the formula to use is this: ARV-35%-repairs= Your selling price(This will tell you how much to sell the property for to a cash buy/rehabber)ARV-35%-repairs-your profit= You maximum purchase price(This will tell you how much to buy the property for.
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24 August 2016 | 1 reply
Under the lower level is a walk in basement with the furnace and oil tank.
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1 September 2016 | 6 replies
Many of them charge an additional fee over 10 feet, and some are scammers just looking to get in your house and try to tell you that you need a whole bunch of other services (that they can provide for an additional fee).
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31 August 2016 | 13 replies
7) How likely are they to walk if you say "no"So I think each one will be different.
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9 September 2016 | 6 replies
If you have equity in the property you need to deduct a 10% return off the top of the rent as a additional expense otherwise the equity is being wasted.
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9 February 2017 | 8 replies
I feel at this point I should mention that I do not use coercion to get my contract signed, nor do I actually walk into the house with it literally "in hand".
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30 August 2016 | 8 replies
I work with a lot of different attorneys in the area because I'm a Realtor in addition to being an investor, but John is my attorney.
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30 August 2016 | 8 replies
Explain when your goals are and have them walk you through what it would look like and what's needed to get there and what the finances would look like.
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31 August 2016 | 3 replies
And as for the house --it's in Quincy--south of Boston --walking distance to public transportation --right in Quincy Center--there is a major development under way.Current Rents $39.3K a year (probably a bit low still)Taxes/Insurance $11K a yearWater Sewer $1200 a yearI've never had a vacancy in 10+ years but accounting for 5% vacancy this gets to NOI of $25.1K per YearAsking Price: $630K.