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4 July 2013 | 4 replies
If I were to sock away 20% for expenses, that gives me a small NOI, and the equity would be sitting in the house which really doesn't get me anywhere.The Refi would bump up my mortgage and I'd need to hold on to about 5K for an emergency fund, but if I put about 10K into remodeling, I can potentially break-even by charging more in rent.
5 July 2013 | 1 reply
The best way is to find comps is the MLS, if you haven't found a realtor to work with already, put up an add on craigslist looking for a realtor, give your card to everyone you know and tell them you are looking for a realtor to work with.
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8 July 2013 | 11 replies
I do have my business cards ready, but am nervous as a you could possibly imagine.
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5 July 2013 | 4 replies
What you want to know is what is the LTV or some use LTC, how many points do they charge, any other fees, and term of the loan, etc.
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5 July 2013 | 2 replies
Then come to find out that one of the brothers-in-law(which title is in his name) has had a child support lean on it(which is now dropped from finding a job) but there is now two credit card leans on it.
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2 August 2013 | 19 replies
I have some money put away but wouldn't want to use it all on the purchase of the property.Also add this lender charges 10% interest and time frame is 6 yrs.
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28 July 2013 | 11 replies
Many sales techniques are first born and tried within the insurance industry.Insurance sales will also be great at teaching you how to deal with all types of people.The added benefit, insurance sales will expose you to possible real estate investments or possible partners.One of my real estate investment partners' primary business was as a life insurance salesman.You will also be in charge of your time.You may find the book "Swim with the Sharks Without Being Eaten Alive" a very good read.
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9 September 2013 | 21 replies
I attended a real estate investing informational session about a month ago and they charged over $2900 to attend a 3 day workshop.
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9 February 2014 | 15 replies
He does not have enough money to buy business cards or business stationary.Today, both properties are on the market for sale.
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6 July 2013 | 3 replies
This business plan allowed a rent increase of more than double the rent charged by the former owner.I had a marketing plan that understood the lifestyle and desires of the target market.