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4 January 2019 | 1 reply
To make a long story a little shorter I ended up moving walls, building walls, replacing every light, switch, outlet, new doors(inside and out), new cabinets, every piece of trim is new, built closets, rewired most of the house.
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4 January 2019 | 1 reply
The weather here in Phoenix is usually very consistent and enjoyable, which makes me think that this may be a great market for it.For those that may not know, the fenestration business is simply know as the window/door market.
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7 January 2019 | 55 replies
Some jurisdictions want you to certify mail it, some want you to post it to the front door.
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15 January 2019 | 7 replies
Hey Juan,It can depend on the size of the doors, to be honest.
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5 January 2019 | 5 replies
Or do you just put a notice to pay or quit on the 4th 5th or 10th and give couple days and not say anything and just slap notice to quit on door.
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9 January 2019 | 23 replies
As soon as the grace period is over get that up on the door.
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7 January 2019 | 10 replies
Had several people through the door and finally got it rented.How do you pick tenants for your properties in markets not in the one you live in?
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19 September 2019 | 11 replies
Granted the second option is more risky, but risk does come with reward.Use this to your advantage if you are in need of funding (I'm not sure if you do or not) and show potential investors that you can reduce risk in favor of being able to get all their investment back (using refi) and then have constant cashflow for a long time.Hope this helps,Andrew
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10 January 2019 | 10 replies
Okay enough prologue, here's the deal:3003 Finley St, Fort Worth, TX, 76111 (United Riverside)4 bed, 2 bath, 1570sf, built 1951Asking $84,900Estimating $25,000 in repairs (roof is 2 years old) needs: vinyl floors, new countertops, appliances, HVAC, possibly re-wiring, trim/doors, and paint.Estimated ARV: $150,000 (I base this on 3 bed 2 bath comps ~1350sf only a few blocks away selling for $159k to $185k, roughly $100/sf to me seemed like a conservative estimate)Estimated rent $1400/month (I based this on Fair Market Rent chart for 76111 from section 8 housing which lists 3 bed at $1350 and 4 bed at $1720, plus several 3 bed 2 bath rentals currently available a few blocks away at $1350/month)Running BRRR numbers with $80k cash purchase, $25k rehab, refinance at $105k, %10 capex/repairs, 10% vacancy, 10% management fees led to a monthly net cash flow of about $200.Is there something I am missing about this deal that I need to account for?
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5 January 2019 | 5 replies
Pull delinquent tax lists from your county and either find their numbers and call them, or knock on their doors.