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30 May 2024 | 31 replies
The church put a down payments of $412,000 down, and we carried back a “wrap” note of $1,288,000 for 124 months (to “match” the length of time left on the underlying 4% note) at 9.999 % interest (had to be under 10% to comply with the board of directors of the Church without going for another vote), and payments of $16,701.57 monthly for 124 months.
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28 May 2024 | 7 replies
You'd have to get the seller on board with that though and presents additonal risks going that route with the lender and what not.Are you sure you have to live there though?
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31 May 2024 | 149 replies
Standing trees are worth $1 per board foot; so he wants $2.
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28 May 2024 | 11 replies
Is everyone on board?
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28 May 2024 | 10 replies
Make sure you’re prepared for these challenges, especially if your cash flow margins are tight.Spousal Agreement:It’s important to have your spouse on board with your investment strategy.
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24 May 2024 | 17 replies
Being a financial advisor is not necessarily a bonus.
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29 May 2024 | 64 replies
Think about the policies and communications around the classic boy/girl friend and unauthorized person lease terms and procedures (from on-boarding through screening and lease signing).....But if it is really too stressful, look at your scale (is duplex or ten-plex right for you and your work/life balance), your market (the neighborhood --working class or upper class), your team (like a good eviction lawyer or contractor) and see if it is a good fit...
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24 May 2024 | 6 replies
Right now it seems the board members are doing most the work.
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28 May 2024 | 68 replies
And the owner is paying you not only to enforce common sense rules, but to understand the ADA and the proper & legal way to hande a request for a reasonable accommodation.Most city and county governments have a position called an ADA Liaison (or something to that effect) whose position exists to train local businesses and landlords on ADA requests and what is reasonable / unreasonable as it pertains to accommodations (often the same person that gives training once or twice a year at the local Board of Realtors, so you might even be able to reach out to them for a point of contact).Rather than operating in a vacuum, or taking your advice from a public forum, why not reach out to that person in your jurisdiction and get an opinion straight from the horse's mouth?
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24 May 2024 | 11 replies
Implement themed experiences like a "Movie Night" with popcorn and streaming access or a "Game Night" with popular board games.