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15 March 2024 | 1 reply
I would expect the direct number for the attorney to be on the website and I would also expect to be billed an hourly rate to consult with them. 3.
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14 March 2024 | 11 replies
With current interest rates around ~7% for investment properties the net cash flow initially with new construction or turnkey would be 1-2K/month (terrible CoC return).
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14 March 2024 | 5 replies
Meaning that even with cap rate expansion set to 0%, the sale price is lower than the going in purchase price. resulting in negative/low yields.Am I missing something here?
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14 March 2024 | 12 replies
Have you also looked into property and flood insurance rates?
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14 March 2024 | 7 replies
@Logan M. and others:something else I've been mulling... if you have septic for sewer, why not bill tenants a flat rate?
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14 March 2024 | 13 replies
We got a really good mortgage rate on one of them so there is actually some cash flow on that.
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15 March 2024 | 7 replies
The suits have around 40% chance of eventually collecting, we've used collection agencies before and their success rate was around 15%.
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15 March 2024 | 7 replies
The second unit has been a rental with ~the same occupancy but they were charging lower rates.
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14 March 2024 | 18 replies
There's no seasoning period for a rate-term refi.
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14 March 2024 | 1 reply
We had the seller cover all closing costs, pushed out closing 60 days, and were able to use that to cover all closing costs and do a rate buy down for a year.