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15 March 2019 | 1 reply
Especially standard protocols for every flip - like certain things to always make sure are done or be aware of (watch out for busy roads, flood plains, power lines overhead or nearby, no carpet in kitchen - bathroom - eating area, not next to apartment complexes / commercial developments, proximity to public transportation, HOAs, etc)Not sure if something like that is out there I can get or purchase - everything is in my head from the past twenty years I've been flipping homes and I need to get it down so I can eventually walk away from the business but have it still operate like I am here everyday.Thanks!
18 March 2019 | 13 replies
I'm trying to figure out a way for them to continue living in the house without the taxes & insurance eating up all my equity.
19 March 2019 | 4 replies
@Chris Allen if the property doesn't sell in 4 months that could eat into your profits.
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16 March 2019 | 4 replies
I will however always look for durability to save on make ready costs which can eat your lunch!
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20 March 2019 | 2 replies
They seem very expensive and that could really eat into profits, I'm not sure if it's worth going with one right away.
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26 March 2019 | 3 replies
Well, if it's just drawings, I do it all day long and I need to eat too.
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2 April 2019 | 4 replies
However, if you decide to do that, you may want to buy multiple properties so you are not putting all your eggs in one basket.
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28 March 2019 | 87 replies
After 7 years Cap Ex and maintenance will slowly eat all of your profit, even if you account for it.
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6 September 2020 | 86 replies
If in several years you buy and the market hasnt gone down to what you bought your current house for you could be paying a lot more in taxes and would eat into any profits you made from the 3 units you are purchasing.
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6 May 2019 | 6 replies
We used to live in them before kids and it was a blast, but we could stay in a hotel for the demo days and go out to eat during the weeks we didn't have a kitchen.