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re: Buying investment properties...

Posted on 6/5/14 at 9:28 pm to
Posted by roguetiger15
Member since Jan 2013
16203 posts
Posted on 6/5/14 at 9:28 pm to
I got quoted between 20k and 40k for the sewer systems so i took the average. As for as foundation, slab and road forming my brother owns a company that specializes in that and is willing to do it at no cost. Being that I'm an honorary Jew, I'll prob take my chances and go with the lowball estimate on the sewer in order to save costs for utility expenses

The reason he's willing to do it at no cost is bc I haven't charged him a penny for being both his FA and broker of record for his 401k
This post was edited on 6/5/14 at 9:31 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167635 posts
Posted on 6/5/14 at 9:32 pm to
Damn, the road deal is huge for you.

I would go for it at that cost. Your ROI will be huge considering your low start up cost.

I wish I could do an RV or mobile home park here in LC. There's over $50 billion in development coming here over the next 10 years and there is not nearly enough housing for all the construction workers that are coming.

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