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9 July 2024 | 3 replies
I want to start learning, so i thought underwriting deals would be a great first start.
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9 July 2024 | 7 replies
I am looking for rental properties in Lawton, OK to get started.
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7 July 2024 | 10 replies
His current monthly Payment Breakdown:- Principal: $314.66- Interest (3.875% rate): $578.779- Escrow: $700.79-TOTAL monthly payment: $1,594.24Estimated rental income: $1.2k - $1.6k per month.Would love to somehow capitalize on the existing fixed rate, but at his current monthly payment and the estimated rent it doesn't seem like a great opportunity for cash flow.
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11 July 2024 | 6 replies
Real Estate is definitely not just a "numbers analysis" and you are definitely thinking about things the right way - but I think a good next step for you would be to spend some time putting a lot of this stuff into a (very) basic financial model/spreadsheets mapping out all the potential costs and estimates on effect (effect on value, on exit, different scenarios) - I think getting started with that framework should help with these decisions immensely
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7 July 2024 | 12 replies
You can have a grand total of around 430K in VA loans.
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10 July 2024 | 3 replies
The WLB lease (unless you use an ancient version) states that if nothing is done it defaults to a month to month.You can send them a Notice of rent increase (which you can get from WLB as well) sign an new lease, or do nothing and go mtm.I find that a 60 day notice from the tenant is not very helpful, most owners don't start showings until after the unit is vacant, so what's the point?
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9 July 2024 | 0 replies
My name is Alex and I am a new investor with a desire to start a section 8 rental company.
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7 July 2024 | 14 replies
We had someone get a ticket and pulled the carts for the rentals, probably cost us between 5-10% of total revenue but it was more important for us to keep our carts than not have them for an extended period.$2 mm house or not you will have headaches with carts regardless and in our experience it's just not worth the hassle.my recommendation is work a deal with a local place you can refer them to and get a small referral fee from.
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9 July 2024 | 5 replies
They forget our brokerage, team, and lead sources put their hands into that check first as well.After August 17th, only the best will continue to prosper in my opinion because it's going to get harder and harder to start from scratch in the business.