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3 February 2022 | 11 replies
The man went on vacation to Miami the week that my tenant was supposed to move in after already pushing back the move in date 3 times!
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7 April 2022 | 10 replies
@Cathy Li I'd refer to meetup.com for the most up to date info.
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6 January 2022 | 5 replies
I do not have a court date yet.
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5 January 2022 | 1 reply
I have been all over the internet looking for real estate career paths that would also benefit me in my personal investing!
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5 January 2022 | 2 replies
Purchase price $1.2Loan of $900k @ 2.85%Money spent renovating and upgrading to date $40K.
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6 January 2022 | 4 replies
Deposit to HoldAfter approval, if tenant will not be taking occupancy within 24 hours, a non-refundable Deposit to Hold in the amount equal to one month’s rent will be required within 24 hours to hold the property until a mutually agreed upon move-in date.
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5 January 2022 | 0 replies
A photo of you holding your government-issued ID along with a piece of paper with today’s date and “AVAIL” handwritten on it.2.
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7 January 2022 | 6 replies
The only issue at that point would be condition including the roof, HVAC, plumbing, out dated electrical box, etc.
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6 January 2022 | 1 reply
Lets take a look at the numbersOriginal Purchase: May 16, 2018-Purchase Price: $50,000-Closing Costs: 2,700-Rehab Costs: $10,650Total All In Cost: $63,350How I Financed Originally: -25% Down Commercial Financing ($12,500 down)-$37,500 Loan Amount - 5/1 ARM amortized over 20 years-5.25% Interest Rate-Monthly Payment: $365/monthRefinance Period: -Refinanced following completion of construction 4 months laterNew Loan: October 2018 -Appraised Value: $94,500-New Loan: $67,500-Closing Costs: $1,500-6.29% Interest Rate - 5/1 ARM 20 Year Amortization-New Payment: $692/monthI was able to take all of my original money out of the deal and pay myself a small $4,250 tax free payment "Just Because 😏 "I now have $0 in the dealCurrent Rents: $1,049/monthCurrent Cash Flow After Refi: $357/monthResale Date: December 2021-Sale Price: $112,846-Current Loan Amount: $55,422-Closing Costs: $3,350.92-Commissions: $6,635.34Total Net Profit: $46,123.64I"ll now be doing a 1031 exchange and rolling that into a longer term multifamily building.
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7 January 2022 | 1 reply
TLO gets very expensive at a dollar a pop, I was using it because I was under the impression it was the most reliable and up to date information.