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26 August 2016 | 2 replies
Fortunately, we have a good report with the agent(s) with whom we work and they bring us lots of {potential} deals (on, off and pre-market).In short, it is not at all necessary to have your licence to be an investor here, but it could be beneficial as it can lower your selling costs when the time comes.
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26 August 2016 | 3 replies
If you can do that in your market you can figure out what level of appreciation homes have in your area as well as what he rental growth rate is...you then have a decent predictor of where prices and rents will keep going.
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29 August 2016 | 4 replies
We worked with an appraiser before where the market value submitted to the lender was based on comps which did not take the planned upgrades into consideration resulting into a much lower projected ARV.
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15 September 2016 | 53 replies
I can't find the thread as i don't know how but I was happy to spend 5 minutes explain what I got from the thread and what I know about that particular asset class.For long term TK you need to be 60 to 150k minimum and rents at 750 and above to make them viable.Its the power of BP pod casts were they ( the owners ) don't really vette these folks in any way.. just because they make a pod cast has no bearing on how accurate the info is or viable the investment is.Many that do pod cast are great for sure.. but there is an irrational exuberance thinking a BP pod cast puts you in an Elite level.
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26 August 2016 | 8 replies
There have been delays and stories that don't come true and lower cash flow than expected etc etc etc.
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23 May 2017 | 20 replies
The appraisal had the rents incorrect, so when it was corrected the lowered the sq ft price to keep their appraisal the same.
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6 October 2016 | 3 replies
No suggestions for installer on a residential level.
27 August 2016 | 5 replies
If the first property is not a partnership and is just you, you can setup an LLC that is a disregarded entity such that it operates as an individual with just a SS# for tax identification purposes and then the LLC provides the asset protection and your new partner could do the same and the two disregarded LLC's could be the TIC owners and you have some level of asset protection.
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26 August 2016 | 1 reply
We offer affordable places for rent to lower income families.