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19 January 2014 | 37 replies
It's not going to be an issue for most insurance agents because it probably won't get in the way of writing the business (unless it's placed with an insurance company that has strict risk inspectors).But if you're going to make an unfinished space habitable, including adding a kitchen, and you're going to get permits for the upgrades, I imagine at least some of the work will need to be inspected.
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9 February 2014 | 75 replies
The function of the clerk is vital to the proceedings of NC foreclosures.
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8 June 2013 | 21 replies
In the heartland, rent yields are so high on the types of properties that Matt describes that you can easily structure the buyer's LC payment to be quite a bit less than the rent would be, even with a sales price that is 50-100% more than you just recently spent to acquire the property, with a rate of 9-10%, and with a fully amortizing 10-15 year note.Most folks that do this that I'm aware of do little or no work to the property beyond very basic habitability standard, they are sold as moderate fixer-uppers to folks that have the skills or connections to make the necessary repairs and updates.
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6 June 2013 | 2 replies
I have developed a habit of purchasing homes in the city I move to and when I depart I rent the home out using a property manager.
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18 July 2013 | 9 replies
I assume the appraisal is only based on the "official" home.I would be at least moderately concerned that you have space being leased out for habitation purposes that is not on the city and tax assesssor's radar.
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13 June 2013 | 11 replies
Sometimes they are easy to get released and sometimes not.My title and escrow companies don't charge me for title reports on cancelled escrows (but they would if I made a habit of canceling), so there would be no damages.
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15 June 2013 | 13 replies
The article I co-wrote with him can be found by following this link:http://www.biggerpockets.com/blogs/2997/blog_posts/22522-8-habits-of-highly-effective-inner-city-landlords
26 June 2013 | 4 replies
Joshua,This may be a better approach to start out and for an enduring future.Get to know the investor personally and learn about the investor’s investment habits and future goals.
27 June 2013 | 2 replies
The principles are solid so far, and the purpose of the 10 months to read it is because it takes repetition to form habits, and this book is all about developing GOOD habits!
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1 July 2013 | 18 replies
Is the theory the User will be spending more in rent (declining stock means for raising rent prices) so will have less "disposable income" for their habit/addiction?