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5 April 2024 | 43 replies
I do not know who would, I would not, but this contract above is saying the owner of the property would be required to defend an employee of the PM for this instance - someone goes on property collects rent, gets in a fight and kills the tenant....
4 April 2024 | 11 replies
For instance, what is your note worth, what is the house worth, monthly expenses including mortgage, and gross rents, ect.
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4 April 2024 | 5 replies
For instance, if you've determined that your max down payment ranges from 3.5% to 4%, ask yourself: do you have the 4% for the down payment plus an additional 3-4% for closing costs (Yes, be prepared to pay the closing cost for the acquisition of your properties) on a $1.3M property, at your disposal?
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3 April 2024 | 1 reply
For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.
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3 April 2024 | 6 replies
My main concern is I want to make sure I offset any liability in perhaps the slim instance a tenant tries to sue me for potentially slipping and falling themselves or for whatever possible reason really.
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4 April 2024 | 32 replies
Some people just like To live that way- Messy class C of someone who is monitarily challenged.The working poor, that's why you should be judicious in choosing how you outfit the unit.Some will go with, for instance stone countertops (hard to damage), while others will go with formica (cheaper), And others will go with heavy duty paint (quick repairs on a turn) for countertops in a class C.
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4 April 2024 | 28 replies
For instance these are what I call executive properties with many top of the line extras, in a prime location, and they were compared to older out of date homes in areas that are ghetto and gang infested.
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3 April 2024 | 4 replies
I would not do a lease option as a buyer as others mention, but also if this is written the way you wrote it where its interest only payments and you have $1M debt - it does not matter what its called the courts will look at this in the same instance as a mortgage because of the substantial down payment and their is debt.
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3 April 2024 | 9 replies
According to Linkedin and the profile of one of the individuals Rey Grabato, the company was founded in 2006, NRIA has grown to be one of the nation’s leading specialists in institutional-caliber private real estate investment management with over $1.25B AUM*, focusing on luxury townhome, condominium and multifamily acquisition and development in many supply constrained, high barrier-to-entry markets along the east coast.So what could have investors done in this instance?
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3 April 2024 | 6 replies
For instance, in Virginia I believe it's called a bargain and sale deed.