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17 October 2012 | 15 replies
The good thing about the books is that you might find one or two little tips in each book that make it totally worth reading.
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15 October 2012 | 5 replies
Weatherproof and solid... there is my pitch for that... 7) RV spaces are a total different business.
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17 October 2012 | 1 reply
Maybe the totals year over year would be pretty identical if you factored in short sales as well.I definitely see a lot more short sales on MLS than I remember from last year.What I am seeing is a lot less of the lower priced houses (sub 100k) these days.
17 October 2012 | 13 replies
Rents total $2400 per month, and you'd want that to be 2% of the "all in cost" of the property, so multiply $2400 by 50 and you get $120K; from that you subtract repairs needed to get at the maximum amount to offer.
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16 October 2012 | 7 replies
became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)Per month average over 36 months: $626 P/I/PMI $199 HOA$116 Repairs/capital improvements$ 6 Vacancy$ 114 Taxes/Insurance$1062 Total Expenses + debt paymentcurrently -$86/month cash flow(this is why you do not buy a condo &, for newbies, to have reserves for the unknown)
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19 October 2012 | 12 replies
In regards to Lease Opts or CD's, not sure how your doing them, or if you've ever done them, but you couldn't be farther from the truth, they're one of the safest way's to invest in real estate and give you total control without all the risk or hassle...not sure where you getting your info, I suggest having lunch with a good real estate attorney in your area...
17 October 2012 | 5 replies
There is no work to be done - this is strictly rental property.I did estimate $3k (good guess) for closing costs as part of the total acquisition when calculating my cash on cash returns.
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19 October 2012 | 1 reply
The other 50% of the reviews cried out about how they had been taken by this loan mod company for thousands of dollars and that the whole thing was a total scam.
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5 January 2013 | 24 replies
He was like "wow" but because I was selling it at an amazing discount he obviously didn't care.This is my first deal and I'm gonna make 3/4 of my total income from last year!