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30 September 2016 | 1 reply
Hello, I do not know of any but there are really only a couple documents you need on a typical buy or sell.
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13 October 2016 | 2 replies
Is this simply an investment with capital gains?
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27 September 2016 | 2 replies
Gaining trust in your ability to manage someone's money is paramount, and you don't appear to have a track record so it could be a difficult sell.
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20 October 2016 | 3 replies
Rental Agreement + Option to Purchase AgreementRental Agreement: a typical lease agreement with the total amount of rentOption to Purchase Agreement: this includes all the terms of the Lease Option such as Final Purchase Price, NROC (see below for more details), and how much of the rent will be credited back as rent credits (I typically charge above market rents and use that extra amount as rent credits).I have the Tenant-Buyer sign both of these docs and pay me the Non-Refundable Option Consideration (NROC).
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2 October 2016 | 7 replies
What are typical ROI's on single family homes in B- or better areas in Fayetteville?
29 September 2016 | 4 replies
So if the property has increased in value then you may be triggering capital gains.
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27 September 2016 | 3 replies
Typically, I look for properties that have some value add play and can be obtained at a 7-12 percent cap rate.
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5 October 2016 | 7 replies
So if the purchase price is 950K, then that works out to roughly 17K per unit; and if the purchase price is 850K, then that works out to just over 15K per unit.Per unit prices like that usually indicate that the location might not be so hot and the typical rent will be low.
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27 September 2016 | 3 replies
Thank you All - it's more of a traditional deal ie. going the route of a typical investment that will cashflow just a little in our market (MA) with 25% down - for us it appears to be a good long term investment if we had the 25%.This particular one doesn't need rehab so no BRRR strategy here.I'm curious if there are any other strategies that could be used to paying back a private money / hard money lender after say 6 months with this type of scenario?
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6 December 2017 | 11 replies
I completely rebuild them inside and out and I can tell you I can easily spend 85k on a single family without even blinking.To give you an example, kitchens can run you 10k for the most basic gut/build out, I typically spend around 20k with Ikea (love their soft close and quality) + quartz/granite countertops + slate appliances.