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16 August 2013 | 4 replies
Yes this is nothing new to the big boys & girls out there, but new to me as I have only purchase new completed places.This is the current bus. model that worked on my building1-build/buy new & hold(unique duplex like SFR - thus hi quality tenants)2-cash flow-not great but good3-exit by selling as condos (30% higher value than the whole duplex structure)These are the rough number on one current duplex:-150K 0.4 acres land purchase for ONE duplex (an average - extremely hard to find)-300K Build and contractors fee-20K City utilities (can save here w/ tear down-Utililitie in place & easy to permit)-Appraised at 470KWith these numbers there is no deal/money to be made upfront unless the appraisal rises or the land price drops.
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10 July 2013 | 9 replies
I'm just looking for other ways to find "real" cash buyers, in that, when people call up off the Craigslist ad there's no evidence they have the ability to buy or more important have already made cash purchases of properties.
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7 July 2013 | 5 replies
Some evidence of discoloration on gypsum wallboard surfaces does occasionally occur when furnishings (bed, dresser, or other furniture) are located along a perimeter wall.
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6 April 2014 | 66 replies
Guess I can't win them all.I'm not sure where the law stands on recorded conversations.In california, recorded conversations without the consent of all parties are illegal or not admissable as evidence.
7 July 2013 | 0 replies
I've saved enough $ such that living off the rental income would be easy (once invested), and in the meantime, I don't spend much $ so this wouldn't effect my finances much.Essentially I was wondering how this might affect my ability to get a loan?
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8 July 2013 | 9 replies
Dang, so no one had a nice easy solution?
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21 April 2014 | 17 replies
If the numbers are right that could be a great flip or an easy wholesale.Regarding finding contractors - as others have said referrals are your best bet.
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8 July 2013 | 18 replies
Partnerships are like a marriage: easy to say "I do" but much more complicated if and when you decide "I don't".
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30 September 2014 | 4 replies
We send many kinds of alerts and it can be easy to confuse them, @Suzette West .
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11 September 2013 | 17 replies
It would be nice if everything was that easy!