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25 July 2024 | 22 replies
Now they are screwed - every time they fill out an application, for their next rental, to buy anything on credit (like a car) or buying a house...this Judgement will pop up and they will be denied.
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27 July 2024 | 19 replies
Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.
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29 July 2024 | 0 replies
This, however, changes not only from county to county but also by neighborhood, zip code, school district, etc.Another change we are witnessing in real-time is increased seller’s concessions, which can go towards financing closing costs or buying down the interest rate.
25 July 2024 | 5 replies
I can help a lot I do this in Columbus Ohio and Miami Florida but as a service for now not purchasing them. if you are going to do larger deals look for the largest gap in entitlements, density, and asset value as a land driver. for example we found a piece of land in Columbus Ohio that was 55k and we just got an appraisal for 1 million based on the rezoning application that we did for mixed use commercial.
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26 July 2024 | 10 replies
Maybe that is why the general rule of thumb is MTRs are 1.5 times the cost of LTRs
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28 July 2024 | 10 replies
Interest is the cost of borrowing money and, as the article says: “As long as you’re making that money work for you—for instance investing in other property—and your rate of return is greater than your cost of the HELOC, it’s a good tool”I am paying roughly 4.5% to borrow money on a HELOC that is making me a minimum of 20% on my investments.
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29 July 2024 | 12 replies
But are just sitting on it as the development cost is too high.
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27 July 2024 | 5 replies
Additionally, repair costs (if any), all closing costs are covered by the buyer, and there is no commission!
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28 July 2024 | 3 replies
If you win, they will have to pay the extra expense of the filing fees, etc, on top of what you say your damages are (which would be the cost to hire someone else to complete the job).
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24 July 2024 | 5 replies
Factor in an eviction cost and expectation if needed when you are looking at numbers.