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26 May 2024 | 5 replies
I will of course comply with any required laws here, but am I required to pay for specifically her chosen wall anchors?
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25 May 2024 | 4 replies
On the land deals are you paying interest?
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25 May 2024 | 15 replies
Those with higher credit scores don’t want them trashed over pet damage they don’t pay for.
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26 May 2024 | 3 replies
They accept financing so all cash is not necessary and we are asking them to paying for closing costs.
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25 May 2024 | 7 replies
After 20 years of buying and selling real estate this morning it occurred to me that if somebody offers to sell their house for let’s say $250,000 “as is” and you agree to pay that exact price with no contingencies, but other people are interested in the property , then that seller can just raise his price and not sell the property for the price “advertised”.
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25 May 2024 | 9 replies
Hi All, I am a 29-year-old working a W2 job that pays well.
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25 May 2024 | 13 replies
Renting by the rooms and having other people pay the mortgage.
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25 May 2024 | 8 replies
The proper way to approach this appraisal problem is (summarized below):* find reasonably similar comps - find relatively recent duplex sales in the Subject's market area and adjust for differences, based on market response (i.e. how much more/less buyers would typically pay for certain characteristics like size of units and lot, location, quality/condition, etc).* In the absence of similar comps - go back in time to find any similar comps, no matter how long ago and adjust for market trend differences (appreciation, etc), as well as other adjustments as typical (size, bed/bath, condition/quality, location, etc).* Go to nearby market areas/neighborhoods and find reasonably similar duplex sales and adjust for market area/neighborhood differences as required - along with the other adjustments.* Find reasonable 3 or 4 unit (not more than 4, and they can use sfr's, but those are typically not as good for comparison.
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25 May 2024 | 1 reply
•I plan to put 20% down on this new property, which means I’ll be left with about $80,000 in cash after the purchase.Given this scenario, I’m trying to decide whether to pay cash for the second property or continue with the 20% down strategy .
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25 May 2024 | 5 replies
(Biggerpockets has an agent finder also) You can also do a forum search for the area and see who has the most activity, they can help or set you up with someone who helps.I would hold off on paying for a program until you are further along because most of them are going to center on scaling from small landlord to large, repositioning, flips, etc..