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22 January 2017 | 3 replies
It was worth ~$95 when I finished, so I could've taken a quick $20K or so profit after sales costs.
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22 January 2017 | 4 replies
You're talking about mainly the infrastructure, not finishes such as vanity, tile choices, etc.
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23 January 2017 | 5 replies
FYI, I finished Flipping Houses a few days ago and am currently immersing myself into Estimating Rehab Costs. ;) Great stuff.
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25 January 2017 | 12 replies
I recently just finished college but am a avid investor in the stock market.
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2 February 2017 | 21 replies
Property details: 3 bedroom/2 bath with finished basement, driveway and detached garage.
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25 January 2017 | 10 replies
A live-in flip would be a way to utilize this loan, but it comes with a 12-month occupancy requirement that I believe starts when the rehab is finished.
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25 January 2017 | 3 replies
I gave my $300,000 move-in ready beautiful vacant home to this large well known local co in Oct 2016.( Ive owned and self-managed another very similar rental in the same subdivision-- since 1998--and it has never had one day of vacancy in 16 years-- rented at $1860.This professional pm co put all utilities in their name on my new property and turned the hot water heater ON and the Water ON ( even tho the main water cutoff valve is easily accessible in the coat closet beside the garage.They let the property sit VACANT OCT-NOVand on their "routine inspection on Dec 1, to make sure hobos had not moved in" they SAW the water heater in the garage was spewing (at full blast) A 20' stream/ fountain of HOT WATERand that the entire finished closed garage was covered COVERED !!
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14 February 2017 | 8 replies
He's almost finished gutting it and is planning on porting in the insulation, new water heaters and rewiring the electric and putting in new plumbing.
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24 January 2017 | 6 replies
I did the same and just finished the course through NY real estate institute.
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15 February 2017 | 2 replies
trying to wrap my head around a choice I have with a rental propertyI recently finish turning a house into legal duplex.new value is $430,000-450,000remaining mortgage is $173,000my mortgage is up for renewal On July bank is offering me 2.24 rate two year fix.cash flow with this new rate will give me about $1000 per month give/takeHowever, I am considering using the equity to invest in a new property.I can refinance with B lender at 4 % rate with $1000 lender fee and get $150,000 (cant refinance with bank)would likely allow me purchasing another property, turn it to legal duplex and get around 500$ cash flow per month.what is the best way to analyze the numbers and compare those two options?