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29 July 2024 | 6 replies
A third party likely purchased that debt from the original lender (uncollectible by typical debt collector standards) for pennies on the dollar.
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30 July 2024 | 6 replies
Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?
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29 July 2024 | 5 replies
However, if you take that writing on its face, as written (perhaps intentionally,) you *may* (I’ll explain below) be overdoing it, as that “7 days” part is actually directed to a tenant reading it - nowhere I am aware of, in GA, is it mandated that the Notice has to give the tenant 7 days.
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2 August 2024 | 53 replies
The hardest part is the space between 1 and 5 years.
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29 July 2024 | 1 reply
The more challenging part is the financial conditions component over the actual MCR..
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29 July 2024 | 6 replies
Also, if you tell me about a potential case that you want me to represent you on, that precludes me from representing the opposing party.
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30 July 2024 | 16 replies
Management is 3rd party in each area, and they typically provide a couple of different PM recommendations.
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28 July 2024 | 7 replies
It looks like the Board outsourced part of the enforcement to a 3rd party company.
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30 July 2024 | 23 replies
Rarely an issue, save for the abusive scenarios I mentioned.The fun part is education before you make any deals.
30 July 2024 | 12 replies
The most tricky part is realistic other expenses.