16 March 2024 | 1 reply
Nor has McMann Capital ever dealt with Genie Investments in any manner.
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17 March 2024 | 4 replies
Not sustainable, we can’t get everything we want all the time.That’s it for this week.
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17 March 2024 | 17 replies
Here's a brief overview of my current situation:SFH1Acquisition Price: $1.6MCurrent Market Value: $1.89MLoan Balance: $1.2MInterest Rate: 3.75%Annual Net Cash Flow: -$12KSFH2Acquisition Price: $2.15MCurrent Market Value: $2.2MLoan Balance: $1.5MInterest Rate: 7.75% (I'm considering refinancing in the next few years)Annual Net Cash Flow: -$65KDespite being proactive in educating myself through BP forums and real estate literature, I'm beginning to question the sustainability of enduring annual losses from these investments.
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16 March 2024 | 3 replies
Generally, the law requires that buildings undergo structural inspections every 10 years, once the building turns 30 years old, and that the building association proves it has adequate reserves to repair / replace anything that is flagged in inspections or projected as a needed repair in a timely manner.
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15 March 2024 | 7 replies
I would definitely look into a lender that operates in the manner and with the docs he laid out.
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15 March 2024 | 7 replies
Seems like with full control over my pricing, and a little more effort and personal touch than Evolve can provide, along with automated systems to make sure communication is handled in a timely manner, I should realistically be able to expect a lift in revenue, on top of what I'll be saving by not paying Evolve.Thanks again for the input!
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15 March 2024 | 20 replies
I thought it would depend on bank appetite but I've heard back that vacancy isn't an issue so long as the property is self sustaining as is.I think there's a fine line between filling an open spot and resurrecting a dying center though.
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14 March 2024 | 1 reply
This post explores the growing mindset of aligning investments with personal values and sustainability goals to drive positive change while generating returns.
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14 March 2024 | 8 replies
Eventually my partner and my own health insurance cost rose to over $1400 a month which just wasn’t sustainable so I got a job in a group home on third shift.
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15 March 2024 | 37 replies
I can't imagine that the manufacturer of the 1st floor radiators made them in a manner that will be harmful to children?