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8 May 2019 | 21 replies
It’s definitely a challenging market segment and if you’re attempting it out of state, the higher turnover rate and increased property damage can be real profit killers due to more vacancy, increased PM fees and rates (15% is more than double the rate I pay for example) plus you’re likely to have higher costs on maintenance, leasing, inspections, turnover/make readys, etc. just because sec. 8 tenants are a lot harder on units and also super high maintenance to manage.
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20 April 2019 | 7 replies
Generally Turnkeys are $60k and can come as fixers or ready to rent and include equity.
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6 June 2019 | 16 replies
You just stepped in a big pile...get ready for the melee.
4 May 2019 | 4 replies
(At least I might be more ready when the real deal comes along)5.
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22 April 2019 | 11 replies
Anyone out in NJ willing to talk, I am ready to listen to any ideas.
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19 April 2019 | 6 replies
If you can only afford a one bedroom condo then put up some temp walls or create a wall with book cases, etc in the living room and turn the 1 bedroom condo into a two "bedroom" condo with no common area, then get a roommate for the actual bedroom.Then in about a year or two, rent out the condo and at that point maybe you are ready to qualify to buy a house that's in a good neighborhood and then you move into that.
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19 April 2019 | 1 reply
My husband and I are ready to invest in 2 real state properties.
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19 April 2019 | 0 replies
Hello World,I’v been investing for a few months now and I’m ready to learn how to fix and flip.
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20 April 2019 | 9 replies
I agree with @Theresa Harris on this.Get preapproved for a mortgage loanSave enough for the down payment ( I personally like 25%)Make sure you have enough reserves to make ready to rent and holding costsGet the place rentedGood luck!
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19 April 2019 | 4 replies
If the norm are windows units go w the flow but if most in neighborhood have HVAC and when you’re ready to sell you might want to consider to get best sales price..