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21 November 2011 | 2 replies
I've checked the resources link on this site and it seems as if the only wholesaling contract is for Texas.
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24 November 2011 | 3 replies
Many of these post their REO properties on their web sites, and you can deal directly with a bank employee.
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11 December 2011 | 7 replies
Hello, I have been reading this site for quite some time and find it very interesting and informative, this is my first post.
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14 December 2011 | 40 replies
I use Redfin all the time and love it.If Redfin does not provide MLS info in your area there may be other sites that do.
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9 December 2011 | 7 replies
Getting allot of site errors, cant even contact Joshua about them, Had to re join just to reply to posts.As far as some of the questionsStrip center is 25 years old, I keep everything maintained, I always have people asking if I have space.My parcel is all flat, anything that isn't building or parking lot I had graded and seeded with grass, it is kept weed free, cut, and its like a park like setting. the 24 acre parcel has hills, and wet areas that DNR wont let be touched.I don't need to sell, but also know if the corner develops my site is worth much more, so if I hinder it I shoot myself in the foot.One developer brought up an easement to me for an entrance, his question was would I GRANT him an easement, not sell him one,that was back when a large food chain wanted the corner, he was going to develop it and then lease it to them( pick n save), not sure if I can name them.Anyway I got skidish with developers and brokers, they would call and want to meet at the local StarBucks, try and get me to tell them what it would take for me to sell, tell me they were going back to draft up an offer, I would never hear back, one local broker drafted up an offer to purchase, the offer was transferable, it was full of errors the city wasn't right, the county wasn't right, it was just a mess, so much that I began to think the commercial real estate world was full of shysters.I had a broker list my site for lease a few years back, asked me if I wanted to sell because of the corner being up for sale, I said maybe it all depends, so to make a long story as short as possible, he would tell potential Tennant' that I was thinking of selling, so not to depend on long term leases, then tells me lets just list it for sale, its not leasing out !
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3 February 2012 | 20 replies
I was under a somewhat compressed timeframe when I was moving out, and was only I able to check out sites like zilpy, rentometer, and craiglist.
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11 December 2011 | 7 replies
I think you'll find many of the answers you are looking for right here on the site.
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13 December 2011 | 22 replies
I am sure that there are many other investors on this site that will step up and do some free mentoring too.
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13 December 2011 | 21 replies
I think all of us on this site are part of the "we buy houses" crowd"', and I would be happy to deal with an assignment.
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6 February 2012 | 11 replies
There is a pool, playground and basketball ct.Specifics:$150k cash for all 32 units.Expenses are higher than usual as they include a $300 per building HOA cost for pool and landscape maintenance.Owner pays only water about $125 per building.Property tax:$1300/buildingInsurance $600Vacancy needs to be assumed highBuildings were built in 1971 so expense ratio will be above 50%.Onsite resident manager and super on site in exchange for free rent of a 2bd and 1bd.Although price per door is less than $5k the high expense ratio, low vacancy and sketch neighborhood have my ROI questionable and giving me very cold feet.