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Hi everyone, I'm in the process of analyzing my very first purchase and am struggling figuring out the ARV of a prospective house. I understand that the ARV is the value of the house the bank/lender appraises your hou...
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I’m curious the best ways to go about finding STR investors looking for strong wholesale deals here in Washington State. I have a model and strategy which have worked very well in finding lucrative opportunities but I...
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I'm looking to buy a single family home to rent. It's tax assessed at $52000 but is for sale for $38000. Say I buy it for $38K with a 20% down payment ($7600) leaving a $30400 loan. If a bank will give an equity loan ...
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With last year's changes in the U.S. real estate industry, particularly concerning broker commissions, I am wondering what to expect to pay a broker for a home sale north of $30mm in the USVI. I understand the standar...
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Hello, I’m a 21 year old getting into the world of wholesaling but I was wondering if there was a difference between a real estate license and a brokers license. I believe I need the brokers license for wholesaling b...
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In email conversation with an agent about an 8 unit property, I questioned how she arrived at the ask price considering the income, expense and cap rate figures she sent me. The figures and the list price didn't alig...
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Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
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Aloha! I’m Yosselyn and Im 28 years old. I own a small restaurant in Hawaii and business has been really good. I recently read The Latte Factor (if you haven’t read it, I highly recommend it!) and my newest goal is to...
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Hi folks! I'm reaching out in hopes somebody can provide some insight on how I find an appraiser for a duplex when nothing in the area has can relate for comps. The property we are trying to purchase is located in a s...
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I'm looking to purchase a duplex in Columbia, but I'm concerned about the property taxes. Are the properties taxes based solely on the sale price? Here are the numbers:Sale Price $435,0002019 Property Taxes $5108.42Be...