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17 October 2019 | 10 replies
I'm still baffled as to how and why this stuff exists and perpetuates.I agree: if you're an Austinite who would appreciate increased housing options, better affordability nearer to the core, less economic/geographic segregation, and who knows, maybe even a brief reduction in our ever-worsening traffic, support the rewrite!
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7 October 2019 | 5 replies
This is ultimately my underwriting model that helps me seperate the wheat from the chaff.I have not found it economical to purchase the data from Co-Star for rental comps so I use Loopnet and Crexi to build a comp analysis from what I can find w free registration.
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11 December 2019 | 36 replies
Primary focus is single family or small multifamily units for long term buy/hold and wealth accumulation.I studied business and economics in college, so I have love for numbers, but can sometimes lead to over-analysis, indecision and analysis-paralysis.
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8 October 2019 | 13 replies
Economic growth and job creation are also a plus.
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8 October 2019 | 3 replies
We are mostly concerned about the short Term, point 3B, and I have more of the contract which I will post here underneath:ClaimabilityThe amount owed (with accrued interest on the entire principal during the entire term, three months extra interest and the costs) will be immediately due and without notice, notice of default, written warning or other formality due in the following cases:a. if the debtor may be negligent in complying with one or more provisions made by this deed;b. if the debtor has been granted suspension of payment or the debtor has been declared bankrupt, the debtor's property has been wholly or partially seized by third parties and if the debtor otherwise loses the free disposal of his assets;c. upon seizure of the collateral;d. upon alienation (whether or not only economically) or expropriation of the collateral in whole or in part;e. in the event of fire damage or any other depreciation or potential depreciation of the collateral, whether or not due to the application of any government measure to the collateral; f. if another debt for which the collateral may be linked to a mortgage becomes due and payable;g. when (one of) the debtor (s) dies.
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14 October 2019 | 10 replies
Real estate is local and depending on the economic strength of your local market, it is possible that you will not see any meaningful impact during a downturn.In my opinion, your house is not an investment.
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21 October 2019 | 5 replies
He seemed decent enough, but we stopped talking after I said "Percentage of sale price" instead, and I voiced my concern about the point in the economic cycle we are in and 2-3 years til payoff.The terms of sale I offered were basically - best offer up front - no inspections other than what can be seen by walking interior and exterior property - no "and/or assigns" on offer (no middleman, assignments, etc) - as is no repairs - tenant renewed with month to month agreement before closing - substantial nonrefundable earnest money if extended closing period - no owner financing - buyer pays all non government mandated fees/commissions.
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23 October 2019 | 10 replies
I’m also considering other areas out of state but that also requires more research and planning.The economic landscape is also changing and I’m keeping an eye out on that as well.
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15 October 2019 | 3 replies
Hi BPI know BP is real big on the cash our refinance method and the BRRR method. I have a question when trying to fight out the actual net positive of it, maybe will these numbers it doesn’t make sense hence. Example:...
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16 October 2019 | 6 replies
Digging into a specific neighborhood, you can find some decent general info on sites like niche.com, the bureau of economic development for the area, and business journals (usually just at the city level), but as @Jim Pellerin mentioned, you need to get info from boots on the ground.