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Do you think that changing the exterior wood to vinyl would add value to a property?Are there even any advantages of having a wood exterior?What are the cons?Thank you all
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I'm brand new to the game and a potential buyer I had been in contact with told me that he likes investing in and flipping houses with "70% AVR or less minus restoration costs". What exactly does he mean by that in ea...
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I'm refinancing my primary residence (2-unit, owe $30k), assessed value is $168-180k, that I plan to hold indefinitely. I don't understand how to evaluate the benefits and marginal cost of an additional $30k on hand, ...
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I'm curious to know what locations you are seeing cash flow if buying at current interest rates (7.5-8%)?How much is the property, and what cash flow are you seeing?Thanks!
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Hi BP PeepsI have ran some numbers on a home in my area. I am a beginner investor and I want to see if I am heading if the right direction. These numbers are on the low end, I think the ARV can be a lot higher. The co...
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My tenants have not missed a payment despite COVID-19 and their lease is up in a couple months. I will be asking them to renew. For awhile, I was planning to raise rent a little because costs for the unit have gone up...
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Hi All,I live and rent in Santa Barbara right now, and looking to buy a house for about $875k-$925k, to own and occupy myself with my family for at least the next 3-5 years.I'm wondering if any investor would be willi...
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Hi I took 2 properties and both are getting rehabbed currently. I do not own any other properties before.
Property1 : 122k Hard money loan - 1200 monthly interest payment - This is going to be rented out after rehab...
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My understanding of cap rate calculation is NOI divided by the property cost or value. Recognizing that cost and value are not necessarily the same, I'm confused about which one to use in my calculations. When would i...
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Hey guys, Recent college grad, thinking of buying an apartment. I was living in NYC and I really like it, however, it's very expensive, it doesn't seem like a good place to live when you are starting out in life. I'm ...