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As I am still a novice in real estate investing, I was wondering if anyone could explain what exactly composes "fixed costs" and if there is a formula out there for calculating it. (Maybe not the exact amount but just...
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I am taking a look at a property built in the 1950s today. The property has no central heat or air just window units. The comps clearly show this house is best suited for a rental. I have never dealt with a property ...
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My newest property has a "damp basement" no obvious leaks or puddles but after the last heavy rain in Dayton the basement was quite damp. my thoughts are fill in cracks DE humidify clean and seal and paint. some black...
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I have heard every good deal gets funded. I think I have identified a solid, rehab & flip, in my local neighborhood community. It is a foreclosure listed for 80k, with an ARV of easily 125K+ , I am still working t...
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Hi,
I have a 1250sqft 2 story 3 bed 2 bath condo built in 1977 which recently had a big water leak. Because the tenant couldn't detect it in time, we had to throw away newly installed floors on entire downstairs. Tha...
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So I just closed on a small TRI plex and was able to get that property with an FHA loan. I have about 24k for a down payment on another property, but was wondering how people go about getting a second loan right afte...
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Does anyone have any experience estimating flood insurance premiums? I found the FEMA flood map and determined that the area I am looking at (Gentilly) would require flood insurance.Have you estimated flood insurance ...
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Hello my name is Frank an I'm in the Northern Virginia area. My wife and I started our Real-estate journey a little over a two years ago when we bought our first townhouse. We purposely bought a property that was well...
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Does anyone know what this is? How to fix it? What may have caused it so I can address it?As said before it is the staircase on the first floor leading up into the main area.It is on the porch area and is an exterior ...
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What form of real estate was your first deal? Why? And how did you reach your goal? Please share with me.