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25 May 2024 | 2 replies
Hello Murray, Assuming the new owners are interested in selling, you'd want to offer enough to help them cover their transfer taxes, legal/title fees, other closing costs, and possibly their moving costs.
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25 May 2024 | 7 replies
Keep in mind that the contractors will likely charge you more because it does delay the process and their time is worth money and the permits also cost money.
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26 May 2024 | 45 replies
We fought for this for several reasons: 1. tourism is our main economy 2. there are an incredible amount of dilapidated homes that could be renovated and made beautiful if the investment return justified it (which STR in a beach town could) and 3.this is a family-friendly, lower-cost and now COVID friendly way to travel.
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24 May 2024 | 9 replies
Friends close/enemies closer.always great to know the competition.
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23 May 2024 | 5 replies
Even in high traffic cities it can be tricky to keep occupancy over 85%, so you would have to be very competitive with your property to hit the 60% mark in my opinion where seasonality is so strong.
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26 May 2024 | 27 replies
Now I may be able to get a loan on the property, or other ways to buy the property, however, both of them will require closing cost.
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25 May 2024 | 13 replies
My wife called and they said they would actually let her assume the loan somehow, just a $900 assumption fee and closing costs.
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25 May 2024 | 1 reply
All the best,Diego most of the good ones won't touch less than 100 units and even that is for new construction. hate to be the bearer of bad news. we are looking at ground up condo deals with entitlements and I reached out to a few HOAs based on larger towers and the best will cost more than it'll be worth.
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23 May 2024 | 9 replies
(Fortunately, neither of these are a particularly friable substance.)Generally, removing all substances that might have asbestos won't be cost effective.
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25 May 2024 | 11 replies
For an expected improvement cost of 180,000. 13-month completion time across the 17 doors.