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10 May 2024 | 3 replies
Can anyone give me some indication?
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9 May 2024 | 9 replies
Estoppel indicates agreement between LL and tenant on financial facts like deposit and advance rent-say first and last.Lease describes the relationship and conditions between the LL and tenant during the stay in the property as well as financial facts.
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10 May 2024 | 0 replies
This year, the latest report indicates homeowners who trade their current door for a steel entry door can expect to recoup a whopping 198%!
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9 May 2024 | 2 replies
Hi,In the home purchase contract we have(I'm in Nevada), it's indicated that seller will pay for home warranty and cover coverage of $600.What happens if I buy a coverage for like $500.
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11 May 2024 | 38 replies
This makes it easier for landlords to find tenants and generate steady rental income.Favorable Landlord Laws: Florida has landlord-friendly laws, which can provide landlords with more control over their properties and make it easier to manage rental units.Tax Benefits: Real estate investments in Florida can offer various tax benefits, including deductions for mortgage interest, property taxes, and depreciation.Appreciation Potential: While past performance is not indicative of future results, many areas in Florida have historically seen strong appreciation in property values.
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10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.
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10 May 2024 | 23 replies
Your remarks indicate a position - like maybe you run it.
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9 May 2024 | 12 replies
This revelation prompted me to reconsider the purchase, as it indicated financial instability and substantial building repair needs.
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10 May 2024 | 19 replies
My market analysis indicated we could rent it for $1,000-1,100 over the mortgage.
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9 May 2024 | 7 replies
@Jonathan Miranda - it would be helpful to know where you are buying/are located (your profile does not indicate...), so that someone more familiar with your area can comment.