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10 July 2017 | 5 replies
No one is going to pay you more rent for your fancy light fixture or ultra low-flow toilet.
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27 July 2017 | 10 replies
It's a ultra conservative NNN deal.
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9 July 2017 | 1 reply
I've noticed that when a deal is advertised the seller almost always will mention that the unit(s) is already leased out as a benefit, however in the books I've read and the podcasts I've listened to investors have stressed the importance of not inheriting tenants.I'm curious to know what people's experiences and two bits are on this, and maybe an explanation as to why sellers boast to have fully rented out units in their listings.
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14 July 2017 | 10 replies
There were two 4 family units on neighboring lots boasting 3 beds and 1 bath in a working class Cincinnati neighborhood with virtually no crime.
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19 February 2020 | 21 replies
I understand this process works, but requires a great deal of discipline from you, Nicolet is an ultra conservative bank I bank with them, no surprise there, UWCU doesnt have adequate experience, and Wells, the big banks tend to not want to play in non traditional stuff.
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19 August 2017 | 7 replies
Minimum of 5-7% vacancy should be factored in and to be ultra conservative, 10% is what I use when analyzing a deal.
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12 June 2020 | 55 replies
Good things can happen from this, but I must give you one piece of advice that you cannot take for a grain of salt.There are no groups of people that are more notorious for shooting themselves in the foot when it comes to real estate than:A. a group of lawyersB. a group of doctors/medical staffC. a group of teachers/professorsFor some reason, despite their high IQs and whatnot, they get into horrible deals time and time again, and their real estate careers typically last 1 or 2 deals max.This doesn't have to happen as long as you're ultra consercative in all estimations and calculations when landing your first deal.
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4 February 2018 | 42 replies
The ultra successful agents pick & choose who they work with.The life cycle of a successful agent moves from grabbing any client who will work with them to doing entry level screening of all clients to eventually outsourcing all buyer showings to team members.A POF before meeting a buyer at a property is simple entry level screening.
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30 July 2017 | 8 replies
Starting out, most people mail absentee, high equity and for those types unless he's in an ultra competitive market, the cost savings are worth it.
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3 August 2017 | 1 reply
Allure Ultra, not the lower grade.