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11 September 2024 | 13 replies
I have many long term renters that have been in the homes paying on time, so my question has to do with increasing rents for existing good long term renters.I don't want to lose good renters.
11 September 2024 | 4 replies
If they pass a strict grandfather rule where any sale loses their right to STR, the buyer may still face problems (which is also a part of their due diligence, but I would be honest upfront).
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14 September 2024 | 23 replies
Maybe they won’t want to lose their EMD plus any other money they’ve spent?
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11 September 2024 | 3 replies
Then 7 days after we listed, the Maui wildfires changed everything on the island but we were fortunate enough not to lose this investment as it is on the other side of the island.
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13 September 2024 | 50 replies
God forbid you are sued and you try to present the LLC shield, even if you managed to not slip up and lose the corporate veil through a technicality, if it is shown that you were forbidden from moving the property into an LLC by your signed loan docs, the LLC will be stricken and will go right back to you personally.
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11 September 2024 | 17 replies
But the fact here is, you'd have a losing case on this issue.
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10 September 2024 | 3 replies
Or outsourcedIf they've had deals that have lost money, why did they lose money and how do they prevent that again from happening in the futureIn place cap rate the property is being bought atIn place cash flow from day 1 the property will have (based on trailing financials, not projected)Debt - fixed or floating?
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11 September 2024 | 9 replies
Fiduciary responsibility could be in question if a deal closed and the apparent goal is proposed by some legal team that it was mostly done to not lose a large nonrefundable earnest money and/or to get a quick pop of ca$h on an Acquisition Fee.
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11 September 2024 | 21 replies
So now we have to be sure to scrutinize any email from them, or risk losing money on a booking.
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11 September 2024 | 6 replies
I did walk away basically breaking even (probably out a few grand, but not losing my shirt) and with a much better respect and eye for a "great deal."