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25 September 2015 | 3 replies
In low/no appreciation markets, you want higher cash on cash returns that will offset the lack of appreciation and so you can at least exit the market in 7-10 years if you need to without losing money or you will have been able to save some of the cash flow to make capital improvements and continue to hold the property.Also, you want to buy at a discount so that much of the equity margin you need to avoid selling costs eating up all your aggregate cash flows is captured at purchase (and perhaps some significant gain above that).
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27 September 2015 | 7 replies
When you can tell with a lot of confidence the ones that will have offer accepted in a week then you will know what a duplex through quadplex is worth.
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26 September 2015 | 3 replies
Adding another bathroom will improve the property value.
24 October 2015 | 10 replies
That is much more likely to be considered a capital improvement, at least in part.
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26 September 2015 | 2 replies
:Thank you @Julio MattaFor that vote of confidence.
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5 October 2015 | 9 replies
More so than anything, follow up within 48 hours of submitting the packaged info and highlight your sales skills through action - oh, and don't forget to close by asking them for the job.be confidant, bold, honest, and respectful.
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28 September 2015 | 12 replies
Disagreements in partnerships happen all the time and it is even more likely to happen with family (which is why I do not do business with family).If you are confident in the number on the house, see if you can structure a deal to buy him out, it will lift a (perceived) burden off his shoulders.As for possible addiction....can't help much there, take a counselor's advice.
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28 September 2015 | 9 replies
The property card will tell you land value, improvement value, how many years back taxes, etc.
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29 September 2015 | 50 replies
As long as you do your research and are thorough in your process don't worry about what people have to say, be confident in yourself and your process.