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Extremely new to Re devlepment here...upon my own studying I noticed that HOA is a huge component in determining the for-sale price in development projects. I'm wondering if anyone can share their experience in determ...
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Just starting to look at some Metro Detroit, Michigan properties and want to make sure that I have enough of the bits and pieces accounted for in my calculations.Would the property below pass your initial glance test ...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $376,000
This was our initial purchase in Cotter after retiring from the Army. We di...
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My tenants who just moved out did quite a bit of damage to the property. I repaired everything that was damaged and sent them the letter listing all the damages and costs to repair and telling them they owed me an add...
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Hi BP Family,I am looking to invest in Multi Families (5+ units) and I am starting with the education process. I know financing will be a part of my plan, but I am new to the world of commercial financing. My first th...
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I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...
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Hello all! My question is what would be the most important steps or basic outline of what to do in regards to investing in a multi-family home ouy of state. Where to start/what to do?
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Hello everyone,
I am trying to decide how much my initial offer should be on my first property. It's a 2 family appraised (by the city) at 175,000 but the seller wants 209,000. Do I go off the appraised value or t...
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I'm preparing to make an offer on an 8 Unit, the seller is letting me walk through all the units and property before I make the offer. Is there anything I should look for when conducting this walk through? I have gen...
Need Advise: I have a rental property in an LLC that i had paid in Cash to get the best deal and quick closing last year. Is it advisable to Refinance it and take my initial investment out so i can look for another "q...