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23 October 2024 | 3 replies
Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower?
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28 October 2024 | 6 replies
@Joshua TellesDepends on the interest rate you can get and the equity you have.If your rates on your existing properties are lower than today’s rates then it does not make sense to refinance for higher rate debt.
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28 October 2024 | 23 replies
Thank you for your comment, yes I learned enough from BP not to take the existing tenant, knowing they pay rent lower than the market and currently not responsive at all.
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3 November 2024 | 56 replies
Closing attorney INSTEAD intentionally, possibly by pressure from the lender and fraud (TBD) to illegally use my money to pay off this other lender (WITHOUT ME KNOWING OF THE LENDER or LIEN even existed) who then refused to wire the money back to the closing attorney KNOWING that they increased the payoff and if they sent the money back to the attorney, they wouldn't have recouped the EXTRA money they gave to the borrower under the table, hints why they didn't send the money back.Yes, I know what they all did was fraud and i'm in litigation etc, but my question still stands.
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30 October 2024 | 1 reply
But this also lets you bargain by saying "you say it makes money but you have never claimed any profit".If you like it and then you get a lawyer to draft a contract with all the Details, detailed out even more and push for a closing day.Once that is good to go, you make a new business then do a DBA form if you want to keep the existing name for recognition.The buyer does NOT need a representative like Real Estate, it is fairly uncommon for buyers to have one.
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31 October 2024 | 6 replies
I also think SJREIA has one as well. 3) Find an investor (maybe at a REIA) and ask him/her to walk through their existing rehab/flip and inquire about prices while you're touring.
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29 October 2024 | 9 replies
thats when you sell a property that has an existing note on it..
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29 October 2024 | 6 replies
Unless yo purchase a place with an existing license you will never get a license for an STR.
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2 November 2024 | 22 replies
FINANCING: Would they buy in under your existing financing or would you refinance the property?