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26 September 2018 | 4 replies
Reason being is a) lower interest, and b) cash flow.I refinanced one of my properties to a 15-yr (6%), which was great but after thinking about, I should have refinanced to a 30-year.
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26 September 2018 | 3 replies
Reason being is a) lower interest, and b) cash flow.I refinanced one of my properties to a 15-yr (6%), which was great but after thinking about, I should have refinanced to a 30-year.
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30 September 2018 | 13 replies
It helps me hold on to the reasons I'm interested in the first place and keeps me motivated to escape the rat race!
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26 September 2018 | 9 replies
The reason I can save so much is because I have a large storage space in the back of one of my buildings (that my PM co rents from my bldg entity, of course) full of basically everything I need to keep me going.
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2 October 2018 | 19 replies
Reason they gave is they are entering the witness protection program in a divorce case and moved to an undisclosed location.
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26 September 2018 | 2 replies
You don't even have to follow Fair Housing (FHA) laws, though I wouldn't borrow trouble and say that or tell someone they've been rejected for a reason related to a protected class.
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2 October 2018 | 12 replies
Even the best tenants will break things.Food for thought...If you are going to rent it out, your rehab numbers would be lower since you wouldn't be putting in the best finishes (for the same reasons as above).Doing a flip will kill you on taxes and eat into your profits due to the short term gains.
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8 December 2019 | 6 replies
I've had good luck with Section 8, for all the reasons already named.
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27 September 2018 | 3 replies
I always went above and beyond the typical agent duties by getting very involved in the due diligence, dealing with county/ city planning and zoning etc, for two reasons, because I loved it and to help ensure my deal would go through by providing as much information to my client as possible to help them make a quick and intelligent decision.
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16 February 2019 | 5 replies
People post when a deal they've submitted initially looked profitable but they don't know how to put together a realistic and reasonable scope of work for the rehab and we tell them we need that in place before we will even send evaluators out to look at the property.