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13 June 2019 | 11 replies
Also I work a full-time job so I don’t have time to drive all over the place to buy things at antique stores, estate sales, etc.Is there a way to finance the furnishings over 10 years (at a low reasonable rate) or something so I only have to spend $30-40k in cash for house downpayment up front instead of $60-80k in cash up front for house downpayment AND furnishings?
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13 June 2019 | 4 replies
Which can of course leak and depending on the material stored in them can be the cause of extensive environmental damage.Ive originated over 600 commercial mortgage notes and purchased about 50 others, usually 24-60 months into their life cycle.
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14 June 2019 | 18 replies
Instead of banning them, add a clause stating that they will be stored and handled safely at all times, and at no point is the weapon allowed to be discharged in the unit unless it is for self defense.
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13 June 2019 | 2 replies
Unless you're already insanely wealthy and need a place to store your money I'd buy commercial properties as the rents are very high and you can collect the cash flow while storing your cash in a paid for property.
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17 June 2019 | 9 replies
You need to start by washing everything (walls, ceilings, cabinets, doors, lights, etc with a generous portion of tsp (trisodium phosphate - available at your hardware store).
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15 June 2019 | 6 replies
I buy turnkey and have a few “safe guards” in place:- All of my properties are freshly rehabbed (lower initial cap-ex expenses)- Most of my properties have a vacancy guarantee with the PM company (if property were ever vacant for 90 consecutive days, PM pays me full market rent starting on day 91)I’m just trying to figure out what is “enough” for reserves, if there ever is such a thing, and balancing that with expanding my portfolio.
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15 June 2019 | 6 replies
Remove the dents, give it fresh paint, and maybe do the floors and backsplash with a little bit of retro style (nothing too outrageous though).I’m wondering what people think of this idea.
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14 June 2019 | 0 replies
For starters, you'd want to consider the location and general age and price of properties in the neighborhood, ratings of nearby schools, amount of crime, vacancy (homeownership and rental), plus grocery stores and shopping centers nearby.A lot of this info can be found online (e.g. school ratings, crime maps, property age, grocery stores and shopping centers), while some of it can be determined by driving the neighborhood and talking to folks that live in the neighborhood.Asking police about a neighborhood might give you some objective info on crime, talking to property managers might give you info on vacancy and rent prices, and talking to a real estate agent might give you info on property age and price.
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21 April 2022 | 30 replies
On a good store, I see CoCROI between 20%-30% at the minimum.
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18 June 2019 | 6 replies
Have you noticed an increase in flow through of Net Zero products in your supply store?