We  closed on a 128 unit deal last year, price of 9.6 million, and the owner held $450,000 as part of the down payment.We've also done deals with 80% bank and 20% seller carry back.The cycle has shifted to where seller financing is being used more often.Good LuckGino

Palm Beach isn’t merely experiencing growth; its reveling in its future.Cash transactions, representing confidence, in abundance held steady at 47.3% indicating a community that values security and financial stability.And here’s where the enchantment begins; the median sale price surged to $615,000 showcasing a 11.92% climb from February 2023.Palm Beach is more, than a location; it represents the lasting appeal of investing in estate.The numbers truly tell a story!

As I note in the article, "attorney Dan Kelly recommended removing rent-to-income ratios, as such a ratio must be held constant for both market and voucher tenants.

I used to bid on the auction when it was held in the Courthouse.

This whole lawsuit is about NAR and the industry not disclosing or talking about commissions, compensation and how that’s paid.A licensed agent will be held by law to have any buyers they are working with under a buyer/broker agreement, it’s not going to be an option, that’s the past.

I think there might actually be a way to both grow your portfolio and respect his conservative nature using the 1031 exchange.You mentioned that your properties were held in cash. 

Before the settlement and after this settlement, buyers always had the option to approach the listing agent directly with an offer, a power they've held all along.

Are we all held captive by financial leeches?

Ask them when they issue distributions (anything before the 15th of the month is a red flag), do they require reserves, how is maintenance charged, do you see copies of outside contractor bills, do they upcharge materials (PM's have LAR accounts with Lowes and often get 20% off), do they keep all late fees or just the management fee, what other fees do they charge (renewals, inspections, etc), where are tenant security deposits held, how are evictions handled and are you consulted before filing, what screenings do they run, what qualifications do they require from tenants, ask for a couple other owners to visit with for a reference. 

Because if they held on to their properties, they would be almost 2/3 of the way done with their mortgage and values have bounced back and likely exceed in most parts of the country.