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26 May 2021 | 34 replies
and with sellers that are not up to speed on what the market conditions really are.Lastly there is nothing tougher in real estate than to wholesale.
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25 May 2021 | 5 replies
Has the 1960s property been fully renovated in last 3-5 yrs, while 2009 build is in original condition?
2 June 2021 | 5 replies
I hope they are not as new as you are.It sounds disastrously if there are 6 brand new investors going into their first fix and flip deal.If it is a fix and flip, You should create some sort of entity and request a loan from a private investor or hard money lender.Conventional financing is likely out of the door with the amount of investors and the likely condition of the property.Doesn't hurt to ask a lender if they would do it.Again would be a burden handing over financials/socials/sensitive information for 6 people for a conventional loan.
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24 May 2021 | 2 replies
Property consists of 7 single wide mobile homes (in good condition) 2bed/1 bath on 2 acres.
27 May 2021 | 3 replies
The best thing you can do is look at sold comps in neighborhoods of similar properties (size & location) and look at their condition.
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28 May 2021 | 18 replies
This might not include upgrades, remodels, additions, bootlegs, solar, view, condition and more but the information is enough on lots of residential real estate.
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28 May 2021 | 8 replies
(Properties were in different conditions/levels of upgrades)5) In this market of high demand and low supply, it is best to get in and stake your claim to a property.
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5 June 2021 | 7 replies
The seller initially left the first question on the seller disclosure blank"Are there any violations of Covenants, Conditions and Restrictions covering the property?"
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12 August 2021 | 13 replies
I didn't rent to Person X because they weren't COVID vaccinated and it was a bigger financial risk to me.I didn't rent to Person X because they have cancer and it was a bigger financial risk to me.I didn't rent to Person X because they were pregnant and it was a bigger financial risk to me.Notice a pattern there with regards to making illegal decisions based on the medical condition of the renter?
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27 May 2021 | 3 replies
Depending on the condition of things, and the tenants you install, that $70/month in maintenance may not even cover the turnover costs, which for me on a light turnover, can still be $1500.