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18 August 2008 | 3 replies
This time I scared the deadbeats into deediing it back, saving me $1200 or so in attorney fees, and got a $2000 insurance settlement check from them for some damage caused by "vandals"-probably their tenants as these guys were, unknown to me, trying to be landlords without having a clue what they were doing.Anyway I've been working on it for 3 weeks, on thier utilities and insurance and now have a contract for $100K.
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22 July 2009 | 37 replies
I would also utilize some of the great tech tools that are out there, especially virtual flyers and vids syndicated through youtube, yahoo, truveo etc.
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11 September 2008 | 9 replies
., price + rehab = 70% of ARV), they certainly won't make anywhere near $80K profit.Assume they get a hard money loan for the $140K and hold for six months.They pay purchase closing costs around $2500.They pay the $20K for rehab.They pay about 10% of the loan in money costs, $14KThey pay insurance, utilities, and whatever else in holding costs, $3K (try pricing a vacant house or builders risk policy.)
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13 September 2008 | 2 replies
It said it was an example because I should "draft my contract by design not by default"... that's what they said... anyway they seem like great contracts... would someone just use a contract like that?
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20 January 2009 | 13 replies
Harrison:The only other option I can think of (well...not the only one (lol) is to utilize private/commercial lender.
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1 November 2008 | 1 reply
The survey has been designed to gain better insight into the needs and wants of buyers' in today's market and to give buyers in New York a voice.
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10 November 2008 | 5 replies
-vacancy rate-maintenance-utilities-property mgt-other-property tax-insurance
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11 November 2008 | 11 replies
Having little or no equity or upside down cash flow is not a good business prectice when utilizing this strategy.
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13 November 2008 | 0 replies
by David ParrishIf you're a creative business or cultural enterprise, you are selling goods or services to customers, whether it's graphic design, fashion, architecture, music, or books.But what are you selling, really?
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7 December 2008 | 32 replies
The world is cyclical by design or the experment just works better that way