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7 February 2024 | 8 replies
This gives you legal cover if something happens, but the risk of something happening still remains.I haven't replaced receptacles with GFCIs except where required by code.I always do #1 at about $27/receptacle hired out.
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7 February 2024 | 1 reply
Looking to refi based on the value after rehab based on rental income/cashflow (expecting it to be around $200-210k value) Aiming for $150k loan for paying off current mortgage and covering remodel/rehab costs on my propertyIs this doable without a significant down payment?
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8 February 2024 | 22 replies
way too cheap It is a relative to the market!
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7 February 2024 | 4 replies
The beauty of them is that they use the ability of the property to cover the payments (DSCR) to qualify.
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7 February 2024 | 2 replies
I also see for option 2 that it can be a negative expense(given you already have enough of that expense to cover the negative amount).i.e. if you got reimbursed for a repair item in the amount of $500You also incur repair costs for $5,000.I think it would also be okay to have it show repair of $4,500.(5000 - 500)
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7 February 2024 | 5 replies
Adding keywords related to your investment strategy or market locations can be updated in your settings.
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8 February 2024 | 17 replies
Hey Sonya, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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8 February 2024 | 24 replies
Hey Sino, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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7 February 2024 | 4 replies
Do not work for them or fall for the $150 ad set up fee Scott will take your money and Shannon Edwards Transaction Coordinator will cover for him both not answering their phones, responding to text, nor refunding me after 1 week of demanding a refund.
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7 February 2024 | 9 replies
I am not convinced that granite countertops will allow you to increase rent enough or reduce vacancy enough to cover their cost.In a typical smaller house you might spend $6000-8000 on granite countertops, if it even allowed me to increase rent by $100/month it would take 5 years to recover the cost.Our tenants seem to be happy with laminate countertops that cost me less than $1000 to self-install ( I have done this in multiple houses).Can you help me understand the math of ROI on this?