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10 September 2007 | 12 replies
At the time I had 14 or so rentals, about 1/2 of which were NICER, BIGGER, AT LEAST AS GOOD OF NEIGHBORHOODS as where I lived.One day after returning from a round of golf and enjoying a beer or 5 two of my DEADBEAT tenants brought their rent (and late charges) over to me.
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9 November 2007 | 7 replies
Some Realtors are paying for 2 hours of staging out of their own pocket as a way to get the listing (which hopefully helps them sell the house faster).I am not convinced the certification is needed.
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11 September 2007 | 1 reply
Even a state program has to go through the local folks.Contact the people in charge of property taxes where the person lives.An example of a similar program: OR has (had?)
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13 September 2007 | 4 replies
hello everyone, i'm a beginning investor and i need some help/advice on putting this deal together.well anyway here is my story, just the other day i found a vacant run down boarded up house in a good neighborhood (were the other properties have beening selling kinda high and etc), this propery was listed by this real estate companyso i called the real estate company got the price of the property and setup a walk through to see just how bad it was inside, so the next day we went through the property and man i tell you this property needs alot of worknow at this point i am only interested in wholesaling the property to another investor because i think the rehab will be a little to much for me being a beginner and etc, so i told the agent to make an offer on the property, and after some negotiation the seller said as far as he'll come down on the price is $10,000so here is my problem, the agent said before we can go any farther i need to show proof of funds ((becuase no bank would give you a mortgage on a property like that, so whoever that'll purchase would need to be a cash buyer)) and open escrow with about $2,000 which i don't have any funds ((i just want to tie this property up/get it under contract so i can sale it to another investor)), plus the agent told me that the listing agent of the property is also a rehaber and said if i dont take it he'll take it, and the only reason he's giving me that opportunity is because he's already rehabing a couple of other properties right now ((which i don't know if this is a tactic to get me to get the property faster or what))but here is some info about this deal, the property was listed at $79,900 and was reduced to $65,000 about a month ago, then i got them down to $55,000, and the properties in the same neighorhood with the same specs are selling for $142,900 in good conditionso how to i go about tieing this property up especially when working with a real estate agent, oh yeah something i forgot to mention i even have friend that would be interested in buying the property off of me to rehab it, its just that he wants me to find him a hard money lender to work with......SO IF SOMEONE CAN HELP, PLEASE LET ME KNOW WHAT TO DO, ALL OF THESE PEOPLE ARE WAITING ON ME TO MAKE A MOVE
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25 September 2007 | 17 replies
As long as the job growth is steady and we still have a great number of people moving here the supply will be absorbed faster than it might be otherwise.
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26 May 2008 | 3 replies
Deposit the money that you have taken out and Immediately set up auto-debit payments of $50 for 3 months, regardless of how much you are charging on the credit card during these 3 months.
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15 September 2007 | 1 reply
I am open to discuss problems you face with appraisals, no charge of course.It looks like a great site and I look forward to learning lots from all of you!
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25 September 2007 | 5 replies
Do most property managers charge a percentage of total gross potential rent, or total collected rent?
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19 September 2007 | 4 replies
The bank did not charge him for the loan.
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23 September 2007 | 9 replies
In the last six or seven years, they've risen much faster.