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20 May 2019 | 11 replies
Seems like a decent go in terms of deal financing and ensuring the security of my first flip (that is not my primary residence) to make sure nothing goes awry.
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10 July 2019 | 5 replies
It is more expensive but ensures you wont have issues down the road with tenants getting sick because it wasn't done right.
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9 May 2019 | 5 replies
I've been through this with FHA but not VA, and I don't recall being charged for a second full inspection when the FHA inspector requested repairs/improvements and went back to ensure they were completed.
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13 May 2019 | 22 replies
WIth that in mind, ensure that there are adequate reserves in place for that unexpected bill.
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18 May 2019 | 4 replies
How do you ensure you are getting your units rented, and what property managers do you like?
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18 May 2019 | 8 replies
I would just be certain you fully understand the draw schedule and have clearly defined points at which draws will be paid as this will allow you to ensure you structure your contracts with your tradesman to ensure you are staying ahead of the money.
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13 May 2019 | 22 replies
Hindsight is great, but you should have walked the property after the repairs were done and before closing to ensure they were done and done properly.In the future, write the repairs into the purchase contract and have the lawyer hold that amount back until the work is done and inspected.
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14 May 2019 | 4 replies
If Realtors are involved, no.If not, and if your EMD is substantial, maybe.Make sure you check with an independent mortgage broker in your area to ensure you get the best rate with the lowest closing costs.
13 May 2019 | 8 replies
Ultimately, we are trying to avoid a boondoggle of an investment and ensure sustainable cash flow moving forward.
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13 May 2019 | 0 replies
Tenant relationships and staying ahead of the curve will ensure you can take advantage of gentrification.Adapting to the changes is usually the best business strategy for landlords.Don’t be content with a low value real estate portfolio; renovate it and boost profitsApart from cleaning and keeping everything tidy, one of the best ways to boost the value of a building or real estate holding is through renovations.