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20 October 2014 | 4 replies
I remembered the name of the Realtor who sold it and the next summer I reached out to her.
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24 October 2014 | 70 replies
Therefore, since you are not one of the ones screaming, crying and pulling on her skirt, you're not a priority.
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28 October 2014 | 7 replies
And remember, it's a numbers game, even when you are an agent.
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17 October 2014 | 8 replies
Typically 64% lands me where i need to be. assuming a 20k repair & contingency budget us adequate;230k x .7 = $161k - 20k repairs = $141k max purchase price of an investor. me personally I would be looking more along the lines of the following;230k x.64 = $147k - 20k repairs = $127k max purchase price. dont forget to leave room for negotiations when that those end buyers start coming along with standard 5% below asking price offers. dont fall in love with the deal. you need to understand why the above numbers are the way they are. this seems like a so so deal and that's assuming the 20k budget is adequate with the needed contingency, and throw a whole seller fee into it and it might be something to pass on. break out every cost and you will see how the 70% rule works regarding capital gains, purchase and selling costs for realtor percentages, holding costs, interest on money, prorated taxes, utilities, etc... remember, investors have to pay short term capital gains which is typically over 25%. it may seem like a big chunk of money using those formulas but in reality it isnt.
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19 September 2017 | 298 replies
With all the hype surrounding crowdfunding, it's important for investors, especially those without a lot of experience in real estate to remember the fundamentals.
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27 November 2014 | 8 replies
And PLEASE remember to take plenty of pictures!!!!
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17 October 2014 | 26 replies
However, remember that the “official” inflation numbers do not include energy or food.
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24 May 2015 | 9 replies
It does take resiliency- remember that moving is pretty darn stressful.
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20 July 2005 | 7 replies
Also, you can do your own loan with my organization, and avoid the costs and also have access to the money and property deals.Investing in real estate (and I don't want to hear about the "lucky" ones over the past 5 years where a dog with a note in his mouth could make money by buying at $250k and then selling for $500k----this is luck and stupidity from buyer's in the market place not "slowing it down" and bidding too much----remember $800 gold stocks?
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13 June 2015 | 5 replies
I went through AmFam, although the policy was actually backed by another insurance company (don't remember off hand who it was).