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17 December 2015 | 9 replies
I thought a double close would stop you from revealing your profit margin on the contract but with due diligence anyone can find out it would be public record
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27 February 2019 | 13 replies
Then we dug into the foundation to reveal the footers.
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16 March 2019 | 1 reply
When I know I can get the floors sturdy, then I shift focus to these priorities in this order:- Functionality of exterior doors (doors MUST lock and latch for security)- Functionality of interior doors (fit in their pocket latch properly with good reveal on top)- Levelness of trim (counters, windowsills, door frames, chair moulding and any other trim as level as we can)- Levelness of floors (I we fix the first three...the floors will be whatever they must be)What drives the cost to a P&B:- Elevation off the ground / access to interior (sometimes the only opening is on a remote closet inside)- Amount of termite/wood rot damageDon’t be scared by a P&B, they can be great homes, just may require a little more TLC or periodic maintenance in the form of reshimming and adjusting.
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5 August 2020 | 7 replies
New buyer here with an offer on Duplex in Bay Area at a great price but inspection came back with the following:
Notable Lean (click for picture)
"This is the view from the dining room. There is a notable lean, as s...
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20 November 2020 | 79 replies
We use a variety of financing from Brrr to conventional, the return vary by project by nothing under 10% CoC.
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18 August 2022 | 3 replies
.- In addition to jobs, we attract many new residents due to access to a wide variety of recreational activities.CONS- Increasing number of new laws that favor tenants (top two most anti-landlord cities, IMO, are Seattle and Federal Way).- When recessions hit or bubbles burst, double digit drops in value (depreciated prices).- Prices are still a premium, CoC returns initially remain lower than what many average investors hope to achieve.- Heavy competition.I'd love to get a sense on investor sentiment on investing in multifamily in Washington State.
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21 December 2023 | 11 replies
Now, property types: single-family homes bring in more cash but need more TLC, multi-family setups offer variety but can be a bit of a juggle, and condos or townhouses are budget-friendly but might have some HOA quirks.
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8 November 2019 | 43 replies
Not revealing particular town as not seeking competition.
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23 October 2019 | 23 replies
That being said, there are many threads that have posts that are informational and helpful while there are other posts that are revealing of one’s ignorance.