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30 October 2015 | 22 replies
You can work with a reputable turn key property provider, or very knowledgeable local real estate agent who also is an investor.Note that the great majority of real estate agents do not work well with investors because they simply don't understand investors and their needs; and they are usually limited to properties on their MLS ( which often is not the source for the best deals).Having invested myself out of state since 2003 I've come to learn what to look for and can talk about this extensively.
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15 October 2015 | 16 replies
At those price points, all major systems should be on the front end of its lifespan and really, the AC should be new and Roof less then 5 yrs old.
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13 October 2015 | 14 replies
My time used to be spent playing League of Legends a popular online video game but recently I have quit that and funneled that free time into learning more and more about REI.
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12 October 2015 | 4 replies
Nothing wrong with a Good financed buyer, and they're likely the majority of your buyers.
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14 October 2015 | 14 replies
But I don't see any major concerns with regards to the cash flow numbers you posted, unless there are hidden expenses (insurance, capex, deferred maintenance, management fees, etc).There is always a risk when inheriting multiple tenants.
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15 October 2015 | 10 replies
But how do I find out if there is a major problem that I am missing through ignorance?
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2 November 2015 | 9 replies
Most lenders will require you own the property for 12 months before they will allow you to use the new value to pull out cash, before that most will only recognize your purchase price even if you have done major renovations.
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3 December 2015 | 15 replies
You are in the upper part of the country, so you may want to market/list the property inmajor Canadian cities near your subject home (within Craigslist_if available, hospital community boards_ lunch rooms, major & prestigious Universities, and prestigious employer community bulletin boards.)
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13 April 2019 | 22 replies
This excludes servers, bartenders, etc where the majority of their money is made from tipping.
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19 October 2015 | 7 replies
I would definitely use a contractor to do the majority, if not all of the work.