25 June 2018 | 3 replies
They make big money but local PMs charge 40% so if you’re not willing self manage (which takes a couple minutes per day) the returns aren’t as big.
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8 July 2018 | 6 replies
Title came back after a couple weeks and then we went to closing at my hard money lenders attorney office.
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26 June 2018 | 3 replies
My first couple REO's had 1 contingency, a 10-Day window inspection where I could bring in someone more experienced than me to make sure I didn't get over my head.
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28 June 2018 | 8 replies
I’m tempted to leave a couple obvious things so they can get some easy wins.Sometimes they find dumb things like tree limbs or moles(!)
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30 June 2018 | 1 reply
I am still interested in the property but given the scope of the repair, I'd like to get a couple of estimates from contractors first so I can factor them into my bid.
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27 June 2018 | 5 replies
This is the only scenario that clearly benefits the original owner but the benefit is typically only some high rent amount.In summary, the downside for the current owner is so much greater (loosing out to huge appreciation) and more likely to happen (historically the appreciation has been outstanding) than the upside (that the tenant does not exercise the option and the owner has been able to collect higher rent than a traditional rental).I did know a couple of tenants in San Diego that had a lease options.
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3 July 2018 | 4 replies
There are some cracks that look fine but a couple are a bit larger than nickel size which concerns me.
27 June 2018 | 2 replies
I moved into my parent's rental property a couple years ago.
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10 July 2018 | 9 replies
I have talked to a couple of local credit unions and either I got connected with the wrong person or they are not very generous on what they are willing to provide as each of them were not quoting very favorable terms.
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25 June 2018 | 5 replies
, and we are managing a couple of others for family members.