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13 March 2018 | 65 replies
Your awful tenants are nothing compared to what bad tenants are actually like.
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21 March 2018 | 5 replies
Just to compare notes and knowledge.
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9 March 2018 | 5 replies
How does that compare with the rest of the market?
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8 March 2018 | 2 replies
I was shown a few places, compared them to the neighborhood and saw I was getting good cash flow, but there was no equity build up I was actually paying more then it was worth and would maybe sell in the future.I decided to flip it back and just learn the basics by practacing the BRRRR in my home state instead, here I can still find 25-35k houses with new kitchen/bathroom cosmetic work for 15-20k, total price in 50-55 that would rent for 695/750.
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9 March 2018 | 2 replies
How do you figure out in that situation what you could price a renovated house at when none of the comps can compare?
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5 August 2018 | 17 replies
While this is simple anecdotal evidence to support my general statements, you can use https://www.incomebyzipcode.com to easily compare any given zip code on the east and west side to compare median income levels.
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10 March 2018 | 1 reply
However, if you need traditional financing through a lender you will find that this property will not qualify for traditional financing since it has a second "livable" dwelling on the property.
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13 March 2018 | 14 replies
In my limited experience with portfolio loans, lenders typically use mostly the same criteria that a bank would use for traditional financing, but will allow a borrower to go over 10 loans if their finances justify it.
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10 March 2018 | 5 replies
Also, how much longer has it taken to rent out such a layout compared to layouts where the bath were on the second floor with the bedrooms?
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12 March 2018 | 8 replies
Traditionally, isn't there more ROI in purchasing existing multifamilies rather than constructing new ones?