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4 November 2011 | 16 replies
If not, you can not factor it into the exit value, buyers will not pay for illegal square footage or additions/upgrades, it only becomes a bonus for a buyer, it will also not be counted for appraisals.That said, if you do plan to get this on to title legally, you will incur permit costs and holding costs due to time delays waiting on approvals, inspections, changes, etc. - Food for thought as time is your enemy on rehab flips so make sure you factor holding time in your budget, but do not borrow more than you will need as that too will increase your costs.
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1 November 2011 | 1 reply
You might also find a local website that tracks this info as well.They want you to pay for it sometimes to get the information.You can always use a commercial broker for your first deal in that type of property.The seller usually has a commission factored into the listing price.
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27 March 2012 | 3 replies
once these factors are evaluated I would consider using the value to invest in real estate as long as your beneficiaries are capable of managing the assets if you die.
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2 November 2011 | 1 reply
They're designed for the state of California.If you want to critique them and think you have educated/experienced valuable feedback message me with your email and I'll send em over.
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6 February 2012 | 10 replies
What design and hosting services are recommended and why?
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19 November 2011 | 27 replies
The key factor here is how much knowledge does your friend have regarding RE?
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11 November 2011 | 9 replies
So you would need to factor those costs plus there is a greater chance for vandalism.
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12 November 2011 | 17 replies
The job is just a motivating factor to work my tail off more towards being successful in real estate.
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9 November 2011 | 5 replies
I know seller will look at her on paper like a bank ie BK and crappy score but she dose have a compensating factor of $150,000 in the bank. and no she dose not want to use that to come current just to have the most underwater house on the block.
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11 November 2011 | 38 replies
Another thing you need to factor in the out of state investments is the extra cost of flying down every now and then to check on your properties.