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10 May 2020 | 0 replies
I don't close until the end of the month (or 3 weeks) and I have funds sitting in an account which are from a stock sale with significant capital gains.
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11 May 2020 | 3 replies
Most contractors I know in this area are sitting on less than $10k in personal assets total (except their tools, haha), so the liklihood of them being able to actually pay instead of "going bankrupt" is questionable.So, from a few years down this road speaking back what I would encourage you to do is: Figure out the process to "make it right" with the city, ask the contractor to pay for that (pay you back ideally, since they couldn't be trusted to do it right the first time), and then kick them to the curb.
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11 May 2020 | 3 replies
I don't recall what the latest new legislation was for your state-changes weekly-of course you will have to find that out.
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12 May 2020 | 7 replies
Last, I'd consider replacing door hardware since the brass handles really date a unit (hello 90's!). It
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11 May 2020 | 7 replies
Call and talk to them. 3) They'll tell you what's coming down the pipelineIf a bank-owned property sits long enough, they may take a nice low offer to get off the books (E.g. last year, I bid $240k on an REO that had an ARV of about $330k.
11 May 2020 | 2 replies
It can be easy to sit and wait for the perfect time to come along however its not so much about the time as it is about the property, the tenet and your reserves to plan for rainy days.Personally I think the best deals will come along in Aug-Dec but thats just my opinion who knows what is going to happen.
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18 May 2020 | 19 replies
I reached out to him on social media in hopes of sitting down and picking his brain for a minute!
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3 May 2020 | 33 replies
Many of the wealthiest --- including and especially Warren Buffett, Apple --- are still sitting on billions in cash.
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30 April 2020 | 5 replies
On the other hand, if the particular property has been sitting a little while, or is just grossly overpriced, then 80% may be reasonable.
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1 May 2020 | 1 reply
I don't recall the podcast?