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24 October 2024 | 7 replies
The office administrator did the initial due diligence, the corporate counsel reviewed the lease, the accounts payable coordinator setup the accounts and sent the security deposit, one of the VPs signed the lease, and only after all of that occurred did I get the name and contact information of the tenant.- Now I am in their system as a Vendor/Subcontractor.
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22 October 2024 | 0 replies
Our partner, Archie Raglin, helped us secure the property at $11,000.
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26 October 2024 | 50 replies
When tenants need to apply to several places to secure a rental they could end up paying an entire months rent in application fees just to secure a rental.
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24 October 2024 | 33 replies
And I had to come up with a month's rent (nearly $1300) in security deposit, because HUD doesn't subsidize security deposits.
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22 October 2024 | 6 replies
the seller has to trust that you / the buyer is going to make the payments and also pay the taxes and be a good steward of the property since that's their security on the loan.usually you'd put a balloon in, but i bought one deal where the numbers worked out for us to fully amortize it over 12 years.
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23 October 2024 | 8 replies
Focus on distressed properties or those with motivated sellers to secure a better deal upfront.
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22 October 2024 | 4 replies
A few months later, we received a notice from the lender stating that we no longer had home insurance and needed to secure coverage within a certain number of days.As it turns out, our original home insurance was canceled because it required the property to be owner-occupied.
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23 October 2024 | 16 replies
A lot of other markets 20 years from now could be ghost towns with little demand.But on the flipside, that safety/security comes with lessor immediate returns, as is a normal balance with investments (more risk traditionally equals more short term gain potential).
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22 October 2024 | 17 replies
You will need to really start playing the long game though and focus on securing assets that have good underlying fundamentals as you will need to get more creative with the financing if you want to keep moving quickly.
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21 October 2024 | 6 replies
Second would be leave the paid off one's alone and use them as a financial base and security.