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20 March 2020 | 5 replies
America will probably just see more of it.Because ultimately it is going to be up to the American People to get the economy rolling again.What pulling out all the stops means: https://www.youtube.com/watch?
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20 March 2020 | 3 replies
If those are all cash flow positive, you need to make sure you keep all receipts and time lines of the bathroom conversion and as much detail as possible so that it pasts all of the appraisal tests.
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27 March 2020 | 23 replies
Important notice Prior to settlement, a ll parties must notify our Trident Land Settlement Officers in advance of closing, if any of the following apply to any person planning to attend: ● A diagnosis (positive test result) for COVID-19 ● A pending test for COVID-19 ● Under Quarantine by direction of a healthcare provider ● Traveled by them or a household member in the past 1 4 days to anywhere designated as having widespread sustained spread b y the Centers for Disease Control & Prevention Geographic Risk Assessment tool: https://www.cdc.gov/coronaviru
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24 March 2020 | 3 replies
This crisis is going to force a shift in the world which we are already seeing with companies and schools rolling out tele-commuting, video conferencing, and remote learning activities.
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21 March 2020 | 28 replies
To me that is a minimum litmus test.
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22 March 2020 | 12 replies
OR, I can roll the dice, dump 35k of renovations into this new place while paying two mortgages for god knows how long, and potentially end up selling both homes at a loss.I need advice bad.
22 March 2020 | 21 replies
First of all, typical rent rolls are eaten away by 50%-90% in expenses, mortgage, taxes, water etc.
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14 April 2020 | 160 replies
Then this bullcrap excuse wagon rolls into town.
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23 March 2020 | 7 replies
I am very curious to know, if you guys could walk me thru the process it be very appropriate. 1) Rental Property Cash Flow Analysis- Due Diligence: a) The first step to buying a multifamily home is deciding on the right neighborhood to invest in.b) Property condition: Take into account how much time, money and work the property will need in order to be rent-ready. c) Rent roll: Look at the current rents and compare them to the average rents in the area to see what the property should rent for and can help influence your buying decision.d) Revenue & expenses: Look at what rental revenues are coming in and what the current expenses are and see if it makes sense, remember to add in your approximate carrying costs to see if you will be cash-flow positive.e) Vacancy rate: Look for a vacancy rate below 10% and see how long each unit is vacant per year so you can figure that into your carrying costs. f) Loan calculation: Add your loan calculation into your Analysis.2) Work with a RE agent.3) Choose the Right Lender.
23 March 2020 | 11 replies
You can pick WHOEVER & don't owe them an explanation.Do your screening tests.