20 September 2021 | 8 replies
I'm telling you as a local that the property is worth no more than 75,000 in it's current condition yet it is being assessed for ~$100,000 due to it generating rental income in the last 3 years.
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20 July 2021 | 11 replies
After you are conditioned to it a little bit, you get used to it and it becomes acceptable because it is the trade off to be in a place where you can do what you want, within reason.
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21 July 2021 | 20 replies
Pricing your property below market doesn't mean you are stupid, it means you will potentially bring in less money than might be possible under optimal conditions.
20 July 2021 | 11 replies
It is possible that your agreement was written in a way where the seller could keep a portion of your deposit based on certain conditions.
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21 July 2021 | 4 replies
@Justin PeuckerMainly just looking at number of bedrooms, bathrooms, square footage, garage size, and condition of interior such as kitchen and bathroom finishes.
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20 July 2021 | 4 replies
Maybe put $900 in this scenario if the units could pull that in their current condition or $1100 but up front reno.
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22 July 2021 | 4 replies
Be prepared for a bidding war on anything you find on the market in decent condition/location that's priced below $200k.I know this likely is not what you wanted to hear but it is our current reality.
20 July 2021 | 10 replies
The problem you have is; if you really want to know how well the heating and cooling system is, and the condition of the roof, plumbing and electrical system then you need to hire a plumber, electrician and roofer because believe it or not general contractors do not specialize in those trades unless they have a license specific for each or any of those trades.The problem I run into when calling contractor for inspections is I get a lot of b.s..
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20 July 2021 | 1 reply
Many will lend on the home despite it's condition, and you'd likely have more favorable terms than going the hard money route - especially if you're planning to planning to claim this as a primary residence and move-in.
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20 July 2021 | 6 replies
We have language in our leases that it is the tenants responsibility to maintain the landscaping in the same condition it was in when they took possession.