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26 December 2024 | 1 reply
There is nothing about how long you need to occupy the property for.So unless our lender puts a demand on us I see no problems legally in occupying each property for any amount of time to fulfill the requirement, then rinse and repeating this process up to our full entitlements, so long as the lender is willing to keep giving us loans.
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28 January 2025 | 19 replies
That requires you put a lot of time and effort in coming up with a sellable plan to convince them this is the right move.
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11 January 2025 | 9 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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16 January 2025 | 11 replies
What % is typically required these days?
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13 January 2025 | 6 replies
What you spent on the land/lots can go towards your down payment and, if you've owned the land for more than 6 months, you can use the value of the property toward the cash injection requirement.
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15 January 2025 | 11 replies
It likely would require something grossly negligent with huge consequences to have a chance to go beyond my coverage and we are not that negligent.
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10 January 2025 | 9 replies
As a result any “offering” must either be a registered securities offering, or qualify for an exemption from the required registration.
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10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $400,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.
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10 January 2025 | 0 replies
Purchase price: $275,000 Cash invested: $45,000 Sale price: $410,000 Contributors: Adam Schooley This townhouse, which had gone through probate, suffered from significant water damage to the drywall and required updates throughout.