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8 August 2019 | 3 replies
Being a mentor can be very time-consuming, and it's not something a lot of experienced investors are looking for actively.
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8 August 2019 | 0 replies
My only restrictions is I can’t link to anything illegal or illicit, and I can’t link to a competing tenant screener or consumer reporting agency.Thank you all in advance, and I look forward to reading about all of your quirky encounters on this topic.Ryan
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1 February 2021 | 14 replies
If she has section 8 voucher, the landlord can elect to have the tenant to pay utilities + THEIR share of the rent or he/she can receive a subsidy for utilities which still may not cover all expenses especially if the tenant is a high consumer.
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21 August 2019 | 8 replies
@Erik PerottiMy projection is that the ibuyers will end up concentrating on houses needing little or moderate rehab, and pass on the more extensive renovations.The goal of the ibuyers is to disrupt the brokerage industry, not the fix n flip industry, although that could end up being a byproduct.Various platforms, disrupters, etc have tried to make real estate agency as obsolete as travel agents, so far with almost no success.The differences between consumer industries which have been successfully transferred to a platform basis, and residential real estate are profound.
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14 August 2019 | 1 reply
Short term: Would like to fence off and lease for long term grazing, maybe pour an RV pad for seasonal use (HITS) Long term: Build a forever home and add a smaller home for rental.
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5 September 2019 | 9 replies
Texas doesn’t require a GC license, though some cities might.I don’t know all 50 state’s laws on contracting so I can only speak from a CA standpoint but I find it hard to believe that any state would allow just anyone to take money from a consumer to perform the general construction tasks and have zero oversight or regulations as so much can go wrong.
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8 August 2019 | 0 replies
So, this makes the process more difficult and time-consuming.
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5 September 2019 | 6 replies
Of course, you’ll have to wire transfer money to the closing title company.....note, get Verbal confirmation from the closing title company or attorney for the wire instructions.....a common scam now is hackers hacking title company/real estate agent emails, sending you fake wire instructions, and your money is gone forever into some scammers bank account.
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9 August 2019 | 7 replies
I am starting a new lease with a tenant that is likely to declare bankruptcy on a underwater mortgage and consumer debt.
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14 August 2019 | 4 replies
These deals typically have an end date where you expect to sell the property and split the equity, but I suppose you could structure the deal to last forever if that's what everyone wanted.It would really be beneficial for you to read a book on this first to get your mind around the basic concepts.