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23 August 2021 | 18 replies
@Zachary Dooley In my area our standard contract calls for the seller to be liable for up to 1% of the sales price for any lender or appraiser required repairs.
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10 September 2021 | 25 replies
Discovered the podcast and doing some essential reading/learning (Rich Dad, Brandon Turner's Rental Property Investing, David Greene's BRRRRR, etc.).
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24 August 2021 | 3 replies
Sounds like you answered your own questionThanks for the replies.My goal, ideally, is to put 20% down, have rents cover all standard costs (mortgage, regular maintenance), then sell the property after ten years without capital gains.
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28 August 2021 | 15 replies
I had a major indoor fly problem one time and I finally discovered that the source was the garbage disposal that had old food it in but had not been run in a while.
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25 August 2021 | 4 replies
That said, your purchase and sales agreement can have anything in it you want so long as any terms do not violate any laws and the standard Texas real estate contract does not "over ride" your contract.
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22 August 2021 | 0 replies
He also mentioned in texts that realtors and an inspector came to that conclusion in price.On the 5plex we discovered that 2 tenants and been kicked out and the 2 units had been completely remolded in Sale condition not a Rental remodel, both listed and rented thru zillow.
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23 August 2021 | 2 replies
I discovered a strategy to pick up very discounted properties.
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24 August 2021 | 2 replies
STR will still offer rental income and you will hopefully have a good CPA who will structure your schedule E correctly for standard deductions and showing a positive net rental.
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24 August 2021 | 2 replies
It was built as apartments at a campus bus stop but doesn't conform to the HUD's updated standards for Fair Housing Accessibility because all the doors to every bathroom are just 24" wide and cannot be made wider, so when they did their first major remodel, they sold all the units off as condos.
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30 August 2021 | 14 replies
Definitely not the standard of a turnkey.