All Forum Posts by: Account Closed

The diversity comment is clearly some preconceived negative association tied to a believe in regards to ethnicity. Anyone with ideas like this will not be an intellgent or successful landlord in what they deem a non diverse community. 

 Hi Mark-

As you know, there is a political effort to try to make young people think "diversity" is the most important thing for which college they apply to and much more. Using this word is also used to divide the populace and probably somewhere back there the Tavistock Institute is involved to try to shape society.   It is pretty annoying. 

"Diversity" is used so narrowly in a political sense these days.  To me, "diversity" can also apply to diversity of thought, diversity of world views...hey...even diversity of weather patterns.  I think the original poster has been brain-washed into thinking diversity is some kind of thing she has to talk about to be a "cool person."  I don't think it is much more than that.  

Everything has gone wrong all at once. I have 13 doors- which you would think would be able to handle about any issues that popped up, but the issues have happened too fast. I had insurance require roofs to be done- siding changed out - one thing after another after another. I still have two major things I need to do (a roof and some steps need repaired) and I have already spent all the savings and maxed out a couple cards. It’s been a terrible 4 months. Anyone have experience with this, and any advice? I’m feeling pretty anxious right now.

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Where in his post does he say the seller has financing "all bound up" together?

That is my reason for selecting the word "probably".

If the seller did have blanket financing, how do you know the lender doesn't allow a release? 

I don't.  But all the instances I witnessed, the lender either would not do it at all or they dragged their feet to "unblanket" a property.  

The OP didn't disclose the existing financing arrangements of the seller's property or even if the properties (one or more) are encumbered. 

Alright.....ok.......ahah....

In this market, which is flush with cash buyers and 1031 exchange money, as has been the case for a while, it's not hard to sell bundles of property regardless of financing seller side financing. I've sold multiple bundles (Q=2, 4, 5, 10, 25) and bought multiple (Q=8, 3 twice, …) and the tradeoff is one sale vs. listing separately in MLS and potentially having staggered closings for X months. Most prefer one sale, but the reality is that when using MLS the broker will 99% of the time say something like 'part of 9 total properties for sale, individually or bundled.'