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4 April 2024 | 14 replies
The Tax deed in my state is very strong it confirms I am the owner so many of the rental properties I own still have the government issued tax deed.If the county is doing their job property with notifications, then the tax deed is not messy at all, at least not in SC.
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2 April 2024 | 1 reply
Hi folks any suggestion of where to invest in Frederick, MD (county) so that it pencils out for a DSCR loan with 20% down.
3 April 2024 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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2 April 2024 | 13 replies
There's so many catalysts for population and job growth (Intel, Honda, Amazon, Nationwide Hospital, etc).
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4 April 2024 | 42 replies
I'd love to find out a little more if you are willing to share, about your suggestions for someone just getting started, albeit late in life.
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3 April 2024 | 4 replies
Thank you all for all of your responses and suggestions.
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3 April 2024 | 4 replies
I would suggest you could consider the cost to turn the unit (time and money).I have had this situation before and the tenants have always stayed longer because it simply takes longer to have their house restored or the like.
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2 April 2024 | 45 replies
Our longest rehab job was 50 days, shortest 28 days.
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2 April 2024 | 5 replies
I am looking for suggestions on what may make this easier for a first time investor, funding suggestions, or other tactics.
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2 April 2024 | 1 reply
Close to the 1% rule and completed with W2 job relo help :) What made you interested in investing in this type of deal?