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6 January 2025 | 38 replies
Link to article about Falls Event center founder that recently went under & is facing major legal issues.
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4 January 2025 | 12 replies
You can sell a property with tenants with no issues the only thing is you wont see as good of a price for the property since it will likely be an investor purchasing it.
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6 January 2025 | 3 replies
Whenever I am having an issue with financing, I normally reach out to local institutions.
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18 January 2025 | 13 replies
They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.
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19 January 2025 | 14 replies
to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high.
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18 January 2025 | 19 replies
@Nicholas Stout Normally when I hear landlords make the conscientious decision to "convert" their properties to Section 8 rentals, they have a real estate problem wrongly diagnosed as property management or tenant issues.
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5 January 2025 | 0 replies
While the location is great, parking is an issue, and can really only accommodate about 4 - 5 cars total at time reasonably.
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19 January 2025 | 269 replies
It is usually allowable up to 6 - 12 months after the purchase. 3.Buildings are determined as commercial or residential based on the official cadastral category by the local council.4.Commercial mortgage LTV Max 60% depending on the specifics. 5.Not an issue using foreign income for affordability calculations if salary is taken into account. 6.Property valuation is conducted by a valuation company requested by the bank. 7.Residential mortgages can be up to around 80% LTV depending on affordability. 8.
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7 January 2025 | 28 replies
The issue I see with your $500 allowance is that in some seasons they will definitely be seeing a big cost.