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30 December 2008 | 8 replies
Most if not all have done primarily work on custom home's where people demand quality work.
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27 January 2010 | 8 replies
Find out what they are renting for and what utilities are included and set your rents with the current market.
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14 August 2008 | 1 reply
I will not be bringing in sewer or water so only the two utilities.
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18 August 2008 | 6 replies
Most wholesale situations for me are distressed sellers.I have a contract that I have hand made and customized for wholesaling.
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22 September 2008 | 13 replies
You will have to support that building out of your own pocket while you are renovating and while you are finding tenants to fill it.I suggest that you do not pay utilities, so if utilities are not separated, figure the cost of doing so into your expenses before you decide what you want to offer.You should be able to get a close estimate of taxes from the assessor's office-- taxes will go up when you purchase, but taxes are usually a % of assessed value, so not hard to figure.I suggest you check with the local fire marshall to see if the building needs to be brought up to code.
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18 August 2008 | 3 replies
This time I scared the deadbeats into deediing it back, saving me $1200 or so in attorney fees, and got a $2000 insurance settlement check from them for some damage caused by "vandals"-probably their tenants as these guys were, unknown to me, trying to be landlords without having a clue what they were doing.Anyway I've been working on it for 3 weeks, on thier utilities and insurance and now have a contract for $100K.
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22 July 2009 | 37 replies
The Jingle Generator is a goofy online service meant to help small businesses or business professionals (like realtors) attract new customers.
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11 September 2008 | 9 replies
., price + rehab = 70% of ARV), they certainly won't make anywhere near $80K profit.Assume they get a hard money loan for the $140K and hold for six months.They pay purchase closing costs around $2500.They pay the $20K for rehab.They pay about 10% of the loan in money costs, $14KThey pay insurance, utilities, and whatever else in holding costs, $3K (try pricing a vacant house or builders risk policy.)
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25 September 2008 | 19 replies
It is pretty easy, and if you have any problems, their customer service is great.
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20 January 2009 | 13 replies
Harrison:The only other option I can think of (well...not the only one (lol) is to utilize private/commercial lender.