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9 April 2017 | 6 replies
We also had a tenant plant two apple trees in the spot where the water and sewer lines enter the property.
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11 April 2017 | 6 replies
Hi my name is jeremySo recently ive stumbled across bigger pockets and am trying to learn how to get started in the real estate investing world Its always been a passion and dream to do this even as a kid but i didnt think it was possible without large amounts of capital i see now that there are other ways tho i am not fully aware and understanding themSo let me start with an introduction hi im jeremy, im a plumbers apprentice and actively saving , currently i live at home after moving back when the whole rent and live with roommates thing didnt work and i felt like i was not getting anywhere paying rent vs paying payments on a loan , ive got a few thousand right now and am in a odd spot as i dont know if i should stop putting money away for a loan payment and buy a car ( i lost mine due to black ice and insurance didnt cover) i dont necessarily need it to work but i think it will be needed to look at potential properties when im getting ready to pull that triggerAnyways my plan when i first started my job was to just get fully licensed in plumbing and once i have it i would be knowledgeable enough to do most if not all plumbing repairs in any property thinking it would be saving me thousands of dollars when/if i needed to do any type of repair to the unit or its water/heating systems vs paying for it, granted as i get more and more property ill doubt ill still be interested in doing it but i figured its a good stable job to start with and i could always fall back on if needed.
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11 April 2017 | 22 replies
Wanted to make an offer on the spot.
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12 April 2017 | 17 replies
Washington is a big area and there are some great spots that command best rent and some iffy spots that are not so good.Also how confident are you in your $25K rehab number?
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10 April 2017 | 6 replies
I don't do CASH payment for anyone,, If I have to do that, I go to bank withdraw enough cash to cover the amount, I write a check to labor contractor and have him endorse the check and hand it back to me, I give him the cash right then back on the spot,,, this is for the type of guy I might hire just for day labor... type work.
3 January 2018 | 8 replies
This can include parking spot rental and income from included washers and dryers.
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17 April 2015 | 9 replies
Here are a few details:Property value: 91,000 (assessed, not appraisedCurrent loan pay off: 60,000Years remaining on note: 15Current interest rate: 8.5%Current loan payments :$650/monthCurrent credit score: ~650 (probably my biggest issue)There are a couple of options that I'm looking into. 1.) refinance the home for $15,000 above payoff and use the cash as investment capital in a deal (probably my least favorite option)2.) refinance the home for the current payoff at a lower interest rate (same 15 years) so that I could save the difference in the mortgage and invest that.
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17 April 2015 | 2 replies
That said it may be in a sweet spot for cash flow due to these challenges.Your interest payment will be 1200/month at the beginning of your loan.
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27 July 2016 | 32 replies
I have to done VA loan bu they are not my favorite.
18 August 2015 | 13 replies
It is most likely going to be a second home, but is located in a spot that will work well for a local as well.