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30 September 2024 | 5 replies
As you do more deals and have a track record, you will be able to retain more of the deal.
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1 October 2024 | 26 replies
Sometimes even good tenant needs to be brought back a on track.
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28 September 2024 | 2 replies
I've had several bids, all much higher than the original, unrealistically low contract price, with of course a lot of variety in the price, experience, and track record of various builders.
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27 September 2024 | 15 replies
You only need a place to track tenant information, payment history, maintenance, etc.
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24 September 2024 | 6 replies
Thank you Ned, that is exactly right, we actually check a condo/townhouse about 2 weeks ago, the thing was a condo with a basement, I cannot tell if it was a condo or townhome, anyway, the ceiling in the first floor was bowing, the 2nd floor, one of the bedroom was sinking, could not tell how this damage was done but the walls came apart from the floor, you could see the roof of the unit bowing inwards towards the structure a bit, and their "general contractor" estimate that for 5k they could straighten the property and level everything, even 1 window and 1 door looked so uneven that you would think there was something wrong with your eyes...5k for structural damage, good luck with that one, we ran as far as we could from that....but we have seen they do inflate their ARV, since we learned the hard way , we go through these deals with a magnifying glass, I knew I was not so picky, numbers do not lie.Another thing that caught my attention, which I do not know if I am overly suspicious now that I am older, but they want to get the closing for us at the same time/day they are getting the property from whoever they buying it, which it seems to me they try to save on the closing by having a "dual" closing when in reality is just 1 closing and we are the one paying for it...I do not know there are few things that do not click right with this folks.
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25 September 2024 | 4 replies
I've heard more lenders having issues lately with this "dual layer", even though the standard family trust and its individual settlors are usually the same for liability, credit, and tax purposes.
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27 September 2024 | 13 replies
It does not matter if you have 1 or 100 accounts, what matters is that you do the bookkeeping to keep track of your costs, expenses and income for the property.
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29 September 2024 | 7 replies
That threat alone may prompt them to cooperate and get things back on track here.
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28 September 2024 | 14 replies
And to get their attention, you need a long track record and infrastructure, as well as the right deal(s).
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27 September 2024 | 14 replies
When I have a client who has given me millions of dollars of business and referrals ask for a break if I am a dual agent or if the sale price is in the millions I happily oblige.