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15 September 2019 | 15 replies
@Ryan GriffinHi Ryan,It's obvious that they only earn enough to live "Paycheck to Paycheck", which is why they rent vs own.Paycheck to Paycheck renters can be suddenly short on money due to an unexpected (unaffordable expenses, car repair etc... or other personal issue such as a traffic ticket, missing work do to being sick or hurt, etc...).Some people will spin stories to string you along (because they have to--to avoid losing a place to live and further complicating their life's problems).So goes the rental business.Good Luck!
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15 September 2019 | 2 replies
Luthor - that's why I want to get some training in on those subjects in 2020 - anyone come to mind to teach selling on lease option . . the big drawback right now is the whole Dodd Frank and SAFE act that made a lot of grey area questions that creative financing on the sell side can create.
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17 September 2019 | 23 replies
Then call the references and ask about the quality of their work, and their experience with the workmen.I'd also ask them about the costs involved to demo the lath and plaster and redo it in sheet rock as well as top coat with (probably) knock down spatter (and get a paint and molding (baseboards, windows, etc...) estimate too).Your choice will probably be evident after this.Some states require you to use a lead certified contractor to remove lead paint (special EPA training, special masks and special vacuums, etc...).Good Luck!
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26 September 2019 | 127 replies
Had about 6k in Taxes 500 in blight tickets and 3k in water.
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17 September 2019 | 6 replies
You can also use their app for rent collection, financial tracking, maintenance and repair tickets.
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15 September 2019 | 3 replies
Source: https://en.wikipedia.org/wiki/Trump_MortgageLots of train wrecks are also OTW for this real estate cycle.
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13 March 2020 | 3 replies
Boring and not a big ticket item.
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15 September 2019 | 6 replies
You have some great experience and training if you use that give back in the forums and help others it’ll come back to you in spades.
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15 September 2019 | 5 replies
Rent Scenario:-Estimated monthly rent:$4,500-$4,900 -Total mortgage/landscaper/pool man=$4,100-Potential to cash flow between $400-$800 a month-Principle monthly pay down of mortgage is $980 a monthAlso since this house was built in 1989 a lot of the big ticket items are coming to the end of the lifespan, such as:-New Roof Estimated cost: $25-$30K-Pool/Hot tub Resurfacing/new tiles: Estimated cost of $25K-New Fence: $7K-New Windows: $25KTotal Estimated upcoming expenses in the next 5 years=$85KWith all of that being said looking for input on whether to hold or just sell and move on.Here are some pictures of how it looks now
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27 October 2019 | 27 replies
Shepard is a training facility for both US and foreign pilots and mechanics.