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16 August 2024 | 8 replies
We raised the price from their original, since we did not get the down payment, but lowered the interest rate that we were charging to something a little more reasonable.
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15 August 2024 | 34 replies
(And of course, you can't raise their rent until their lease expires.)A few things you could do which we usually do to one degree or another, but I don't think you are morally obligated to do. 1) Raise the rent, but not to market.
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15 August 2024 | 22 replies
@Stephanie Betters can your app handle prospects (hundreds of thousands of them) or it is better for lead management (once a prospect "raises their hand" a becomes a lead)?
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15 August 2024 | 3 replies
@Alan F. yes, thanks for raising this.
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15 August 2024 | 6 replies
By using other people's money, raising debt and equity capital.
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15 August 2024 | 1 reply
Raised the rents from $1710 per month to $1875.
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15 August 2024 | 1 reply
We used private money and seller finance for acquisition, raised rents, renovated one building, and sold each building separately as 4 unit buildings.
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15 August 2024 | 9 replies
If you want specific advice, things that would be important would be some background on the sponsor (years in business, portfolio size, you don't have to name names), where the property is (city), what it was bought for and when, how much was the loan and when does the loan mature, how much equity was raised, was there any preferred equity or multiple share classes, what is the occupancy, is the sponsor responsive to your communications and providing reports, and so on.
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14 August 2024 | 134 replies
They raised the big bucks, and things aren't going well.
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14 August 2024 | 0 replies
We used private money and seller finance for acquisition, raised rents, renovated one building, and sold each building separately as 4 unit buildings.