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Couple of articles that discuss the state of flipping, and finding properties. First, the inventory is on steep decline, week to week. Second, the cost of materials is soaring, but hasn't yet stopped the demand for a...
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I live in LA and have super cheap rent. $400/month. I'm getting married in 2 years and when I move in with my future husband, whether it's a home we buy or an apartment we rent, my cost of living will increase signifi...
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I'm an investor in the northeast Philadelphia area who has acquired and managed two properties for rent over the past year and a half and am looking to acquire more. I've been actively searching the area for two and a...
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Hello everyone. I was wondering if installing an alarm system in the property would bring Added value or if it is just a waste of money? The alarm system would cost about $50 per month, I can rent the home out for $12...
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I'm a real estate investor (first timer about to sell my first flip). I bought a condo back in May 2006 for $149k, rehab costs are approximately $25k, sales price $230k, RE Agent's commission 4.5%.
My question comes...
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Being a data-driven guy, I think it's important to identify a few key metrics (or KPIs - key performance indicators) that show how well a property is performing. Mine are:
Income: Collected rentsOccupancies: Physical...
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I'm a bit confused about equity when it comes into wholesaling so I wanted to present a scenario where the seller has 30% equity.Sellers remaining loan payment: $140,000ARV: $200,000Repairs: $20,000Closing Costs: $5,0...
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Is there a rule of thumb for determining what the utilities will cost on MF? I'm looking at a 12 unit but don't know what the utilities are going to cost yet. It's 8 2 bedroom and 4 1 bedroom, all the units are 1 bath...
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Would anyone know of a updated tax lien/note tracking and management software for a small-mid size investor? I know there is a software by Vadar that are for firms that manage thousands of liens, but is there somethin...
So I was in my old town this weekend enjoying the day and I ran into an old acquaintance. He asked what I was doing now and I told him I had retired and started buying homes to renovate and rent out.
He asked me if ...