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1 February 2016 | 7 replies
If it is really bad, honor the existing lease and give them notice that you won't be renewing (need to make improvements, raising rents, etc.).
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2 February 2016 | 24 replies
Having a real estate license doesn't make a person a good agent, and if you're getting feedback from clients questioning your value, maybe you should ask a broker or someone else for their objective opnion on how you might improve your business.
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1 February 2016 | 1 reply
I dont need one to improve a garage, but I do need one to add on to one or to rebuild one in its place).5.
29 February 2016 | 10 replies
While Penn State and Mercyhurst have some decent neighborhoods for housing, Gannon is in the middle of the city which gives more opportunity for community life and activities.In the past 10 years, Nick Scott (the main owner of most things) has done a lot to improve on things.
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4 February 2016 | 7 replies
I could put 20% down but will leave little to no room for improvements/work that needs to be done.My questions is, can I put 5% down on a fannie loan, use my remaining cash to upgrade/rehab the property and refinance in 1-2 years for an increased value, ideally 20% higher and then eliminate PMI based on the new higher assessed value?
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3 February 2016 | 13 replies
If you're in a growing market, you shouldn't have any qualms about raising rent 3% to 4% every year.Also, as far as wear/tear repairs ago, if you are going to be spending 15% to 20% of yearly rental rate on home improvements, it just means you are responsibly taking care of your asset.
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2 February 2016 | 7 replies
Hello all, I'm looking to purchase my first personal BRRRR deal in Chicago and I'm a real estate agent. Here are the specifics:Property Type: 2-flat sold via HUD. (First Floor: 2bd/1bath & Second Floor: 3bd/1bath)...
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24 February 2016 | 21 replies
If you enjoy the challenge of trying to improve your investment, being hands on, and possibly making a better return.... go with real estate.
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4 March 2017 | 6 replies
I talked with VRBO's customer service and they let me know that they are aware of the issues with their calendar and are working to improve it but I've taken a few of my listings down due to their old technology.
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2 February 2016 | 2 replies
There are other calculations that you have to factor in to get to your adjusted cost basis such as recapture of depreciation and adding capital improvements to the basis.- Can I use the closing cost amount of the old and new home as part of the tax free money I can spend from the 1031 exchange or these closing cost are purely out of pocket amounts?