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27 January 2023 | 4 replies
That’s an important distinction to make.
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22 November 2023 | 39 replies
The home in certain area would rise if there're few recent home buyers that overbid the market, with just 3 comps the entire neighborhood could rise a lot, but that also pose a danger to the market because when interest rate is rising, the demand is slowly reduced.
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28 December 2023 | 0 replies
By working together with your property manager, you can ensure that your rental rates are strategically positioned to attract quality tenants while maximizing your investment returns.Creating Distinct Living Spaces:By working closely with a knowledgeable property manager, you can successfully establish clear boundaries between your personal living space and the rental units.
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16 October 2005 | 8 replies
Asbestos inside the home, ie insulation, is dangerous to remove yourself.
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28 June 2023 | 12 replies
If the animal is higher risk (cats, animals owned less than one year, dangerous breeds) then I charge additional fee up front before the animal ever moves into the property.
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4 February 2014 | 186 replies
I disagree and have supporting examples of the possible dangers to others, especially newbies, who might agree with you and think anyone with plenty of RE experience is good enough to take advice from.
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8 March 2019 | 22 replies
If you don't have a two-year work history, then you'd need to use your schooling and any internships that you might have had to fill a two year period in a way that would be acceptable for a lender.Regarding closing costs in Florida, there generally 5 distinct types of closing costs:1) Taxes (transfer taxes imposed by state, and taxes to record information)2) Insurance (1 year prepaid upfront, plus 3 months of escrows)3) Inspections (Survey, Appraisal ect.)4) Title Costs (Florida generally uses Title companies to close, and they handle all paperwork to transfer title and insure your TItle)5) Origination Fees (only charged by certain lenders to increase profit)Frankly, 6% is extremely high for closing costs in the state of Florida. 3% is a good rule of thumb when calculating closing costs on most conventional loans.
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8 December 2015 | 6 replies
That said, I believe any training classes give you enough information to make you dangerous.
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19 April 2023 | 48 replies
Once you adopt the premise that there is no rent advantage to a nicer / bigger B class property... the most lucrative place to put your money is where you will spend the least amount for the property, down to the point that the other negative "D class factors" override that formula (dangerous neighborhoods, drugs, and the other "looks like / smells like crap" comments the original poster mentioned.
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3 July 2015 | 17 replies
The one caution I would give is that there are some very good areas and some incredibly dangerous areas in which to invest.