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13 July 2018 | 1 reply
One rule you can use is the 70% rule, which says that you should only pay 70% of the after repair value minus costs, In this case applying that rule means that you should pay (70% of 140K) -80K = 18K Personally I think that you might be able justify a little more than that like an 80% rule but you are buying it at 100=% and thats a bad idea
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13 July 2018 | 2 replies
The only thing it didn't have was a bad layout.
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28 January 2019 | 17 replies
You have to be careful like any other real estate investing because there are a lot of bad deals out there, but there are some good ones too.
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13 July 2018 | 3 replies
Just keep doing the same kind of deals until you get really familiar with the “bad” then I would shoot over to multi-family.
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16 July 2018 | 9 replies
@Ryan JopsonNH isn't bad, but I've haven't been able to find a clear deals.
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20 July 2018 | 8 replies
It has good & bad pockets.
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16 July 2018 | 39 replies
I don't want to jump into a bad deal.
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16 July 2018 | 5 replies
I'm from Northern New Jersey and just getting started in my real estate career.
18 July 2018 | 31 replies
I guess I feel bad for the clients of that army of highly paid CPA's as Section 162 trade or business expenses was unaffected by the SALT adjustment of under the TCJA.
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16 July 2018 | 10 replies
At first pass it doesn’t sound bad but I will need more details on general condition.