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9 March 2024 | 1 reply
Looking to get an external inspector to take a look at a potential investment property.
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10 March 2024 | 13 replies
I've had police officers, nurses, lawyers (talk about quality, an attorney was one of my evictees...), etc.
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9 March 2024 | 7 replies
You want to invest just to have a place to live and potentially offsetting your mortgage payment by renting out the vacated rooms or having x amount of cashflow in the future?
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9 March 2024 | 26 replies
If they are restricting construction then you have the potential for extra appreciation over time since supply will be constrained.
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10 March 2024 | 9 replies
Real estate generates a return through cash flow + appreciation.It appears that cash flow is negativeAppreciation appears to be 0% over 2-3 years based on zillowThe question is what you beleive the future will hold for cash-flow and appreciation.Cash-flow will likely continue to be negativeThe question is what do you think about the appreciation for the bay area.If the property continues to stay at $850,000, it will likely not be a good decision to hold on to the property.If you think the property can appreciate to $900,000, $950,000 over a few years, then it can potentially be a good reason to hold.
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8 March 2024 | 11 replies
I know this isn’t a popular answer, but rocket lawyer has some decent pre made templates.
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8 March 2024 | 7 replies
just got a letter from rent board saying we evicting our tenant, which is false we never said or write that to them. so on the letter we write disagree and the reason. do i need a lawyer for this?
9 March 2024 | 10 replies
I wanted to share some thoughts I have been developing for my clients regarding potential investment opportunities in older low-rise condos in Miami, Florida.
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9 March 2024 | 2 replies
I’ve been researching for over a year and have knowledge, mentors, and potential funding sources but find pulling the trigger and starting on my own very difficult.
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9 March 2024 | 9 replies
I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.