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Price 1% rule =desired rent175,0000.011750Des Moines, IA 50314price 175,000closing co 2500monhrent 1,475.00fully rented after required 1 year stay for FHArepairs2000cosmetictotal cost181,157 Loans price 17...
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OK I’m finally taking action but my only problem is knowing what’s the best areas to look for deals and how would I go about doing my research? What criteria should I use? I would like a good cash flow areas for buy a...
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Price 1% rule =desired rent230,0000.012300 Des Moines, IA 50313price 230,000closing co 2600monhrent 2,200.00house hacking duplexrepairs2000cosmetictotal cost236,935 Loans price 230,000Down % |downpay115005%FH...
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I am putting out bandit signs to start the phone ringing.Any best practices learned from trial and error that you will share?Jerry Smith
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Hey BP!I was just wondering what everyone's direct marketing campaign best practices were? One of the BP podcasts I recently listened to suggested typing letters that looked hand-written and personalizing them, while ...
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Hello all,I had a few questions for someone who owns a hard money lending practice. I know there's a few folks on here that have HML practices that may be able to chime in:Is it possible to use a business loan that yo...
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Hello BP! This story was from my previous failed transaction. A potential short sale.10.27.18 - offer accepted11.20.18 - the day of scheduled closing, me and my agent was notified by seller’s agent few hours before cl...
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Greetings! New investor in the Colorado Springs area. I've identified the neighborhoods I'm interested in farming, and started building my mailing list. Through a combination of walking my dog through my target nei...
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Hi all!
Do you implement Holding Deposits for your properties? If so, what are best practices for implementing in the State of MO?
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All, I am interested to get some thoughts on negotiation. I have my first off-market lead and know that the seller is asking much higher than the number will need to be to cash flow with the goal being a short-term re...