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14 October 2015 | 9 replies
I consider the score and the items on the score, along with stability of job and level of income as a whole.
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12 October 2015 | 5 replies
I don't ever plan to make this a full-time gig as my career as an engineer is fun and rewarding, but I like the idea of owning multiple properties and the financial flexibility that comes along with that.My wife and I purchased a new construction home in 2009 and took advantage of the $8k homebuyer credit. 6 years later we are selling our home at roughly a $15k loss, which is certainly unpleasant.
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13 October 2015 | 6 replies
I agree w/ Dmitri & Russell.This tenant sounds difficult to work with, and I'd want her out as soon as possible, w/o any incident.I'd take the lack of last month rent as loss, but turn it over as quickly as possible, and hope to find a better tenant, who'll stay long term.So basically cut the loss, and move on.
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13 October 2015 | 6 replies
go to their main office in PDX and talk to the loss mit dept.
13 October 2015 | 10 replies
From your list of items, I think #3 should be your first step in addition to learning creative strategies like what @Rob Brautigam and @Chiagozie Fawole suggest.
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14 October 2015 | 21 replies
Run your numbers again, replacing ALL of these items.
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16 October 2015 | 10 replies
I would suggest obtaining insurance and naming the Mortgagee as loss payee and sending that in to see if they will remove their insurance since your policy has them insured.
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13 October 2015 | 11 replies
My advice with mortgaging something that has some attachment to you is that you better be sure you can make the payments even if your RE investment becomes a total loss.
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16 October 2015 | 8 replies
The contractor still has a few items to complete.I also have emails, texts, and a copy of the contract if you'd like to review
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15 October 2015 | 16 replies
Electric is the anticipated 100+ year old hodge podge and will be a big item to check Friday.