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4 March 2024 | 34 replies
Now, for sale, "they" want to change to K-1 tax capital accounts.I already filed a complaint with the CA Bd of Accountancy, and have held off doing anything with the syndicator's lawyer because my lawyer is trying to work out "issues" with her on 3 of this syndicator's properties.
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2 March 2024 | 10 replies
Of course, but it shouldn't be something that investors depend on to make underwriting work out.
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1 March 2024 | 13 replies
Alternatively, DSCR ratios may not work out due to efforts to maximize the loan amount and avoid additional cash contributions.
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4 March 2024 | 71 replies
BTW how did these deals work out for you?
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1 March 2024 | 13 replies
However, I own a duplex and the DTI ratio for the next one just doesn't work out.
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1 March 2024 | 6 replies
Being out of state if it's a management intensive neighborhood you are going to have a tough time with getting a property manager to give good service there if it's too rough.
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1 March 2024 | 26 replies
You can still have the conversation with them and let them know that you would like to increase the rent or sell the property, but that's probably not in your best interest. pumping a bunch of money into a duplex conversion doesn't sound ideal either, but I guess if the numbers work out it could be a good fit.
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28 February 2024 | 6 replies
Competition is intense and you're likely going to be looking at handyman specials in rough neighborhoods that require kevlar vests to find anything that cash flows.For the past decade or so I've been investing virtually.
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29 February 2024 | 9 replies
If the SF's homes work out as planned just 10 homes @ $600/mth in month 61 will be producing $6,000/mth cashflow with NO maintenance / landlord issues except evictions if tenant buyers don't pay. 50 homes $30,000/mth.
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28 February 2024 | 19 replies
I plan on putting some elbow grease myself but mostly contracting the work out to allow the professionals to do what they do best.