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5 September 2017 | 19 replies
The investor/buyer will be aware of it and know what he is getting into.
26 August 2017 | 10 replies
They're likely aware their time may be up.
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24 August 2017 | 2 replies
Hello BP community,As a former Contractor turned investor/stay at home dad, I am in the middle of my first property deal with two Contractor/Developers in my previous home of Teton Valley, ID.
24 August 2017 | 0 replies
Here is the summary of my situation that requires creative thought:Location: DC Suburbs (Clifton, VA)Original sale price: $300KOriginal mortgage: $240K ($60K down)Money spent rehabbing property since 2008: $70KTotal cash invested: $130KCurrent sale price (based on comps): $430KAmount owed on mortgage: $208KPotential cash generated from sale: $($222K, not including transfer costs)Estimated Monthly Rent: $2,200Current Monthly Payment for M/T/I: $1,300 *Biggest yard and likely one of the most updated homes in a desirable community where "average days to sell" is less than 14.Now the issues:Need $100K-$150K out of the house (or via investment) in order to put down-payment on next home, which will be primary residence (probably a $600K home).I've plugged numbers into every rent-or-sell calculator out there, but always feel like I'm missing something big.
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19 February 2019 | 3 replies
In many communities, representatives of the “Welcome Wagon” would take note of a person’s home, furnishings and character, among other factors.
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29 August 2017 | 7 replies
The buyer will have to be made aware that the transaction is closing through an intermediary, just as you would have to do in a 1031 exchange.
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27 August 2017 | 2 replies
@Jeremy MichielsI would make sure they give you a clean title (either they run a title search or you do it if they don't) since it will be off-market and not regulated.Other than that, just be aware of the obvious stuff like don't trust their numbers.
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26 August 2017 | 5 replies
However after my showing I think its a much bigger project than I anticipated and likely wouldn't qualify for traditional financing, so wanted to ask the community about how larger developers are turning these big old houses into multiple condos all over Boston.
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26 March 2018 | 16 replies
dont even bother with taking her to small claims court. its considered a small case and it will take forever not to mention attorney fees and time wasted. just swollow it and move on. it happens to me all the time. a lot of times when a "war story tenant" (for lack of better wording lol ) leaves i see some holes in the walls etc.... but im just happy to see him or her go!!!
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29 August 2017 | 9 replies
And you should jump in, the community is pretty great here.