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11 September 2021 | 4 replies
Big ticket maintenance item repairs are not expected for years - most are within 7y (roof/hvac) or newer (floors, windows, water heater).
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10 February 2022 | 2 replies
The appraiser will notate all the items but if he lists it as "Subject to" you would need to have them repaired prior to closing.
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9 September 2021 | 8 replies
Again, there might be more to it but am certainly open to speaking on any of these items offline if you would like to discuss it further.
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9 September 2021 | 19 replies
Your investment team will find properties that conform to the property profile and provide the information you need to make an informed decision, which includes:Candidate propertiesRentTime to rentROI/Cash flowRenovation items - The items that must be changed in order to attract the target tenant pool.Estimated renovation costNote that an MLS data sheet contains none of the above information.
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8 September 2021 | 18 replies
You should not model yourself after somebody like that.
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7 September 2021 | 4 replies
@Rachel OdumuYour estimated closing costs are mostly variable because they include items such as lender fees (origination, processing, underwriting), title fees, attorney fees, recording fees, prepaid property taxes, prepaid interest, prepaid home insurance, etc.
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7 September 2021 | 8 replies
I Seems like buying a house that doesn't need rehab just breaks the the BRRRR model as you don't get the lifted appraisal from the rehab and therefore lose the opportunity to get your money out of the deal, your downpayment stays in...
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8 September 2021 | 17 replies
I'm not sure why this is, but you'll definitely have better luck getting a renter with these items provided.
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4 October 2021 | 6 replies
When it comes to geographic metrics items like job growth, rent growth, employment diversification, local landlord laws/regulations and population growth.
7 September 2021 | 2 replies
It is for a re-modeling project.