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20 August 2024 | 45 replies
When their “customer” goes out of their way to lie to them they may just want to cut ties.
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21 August 2024 | 27 replies
The more good real estate debt that you can get into that is tied to good rents that pay it down the better.
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18 August 2024 | 5 replies
Would it be better for me to go with cheap windows or is it possible for me to buy windows myself and have somebody install them and just cut out the middle man?
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15 August 2024 | 23 replies
@Albert Bui I have done quite a few sub too's and I have had a few called. even though they were current... we of course just cut checks to pay them off.Where sub too becomes a disaster is when the person buying it then sells on contract to a sub prime buyer who then goes on to default.. and the person who did the sub too sandwhich does not have the means to make payments during the foreclosure process and or has the money to prosecute the foreclosure..
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15 August 2024 | 9 replies
Rates are now higher which will kill their cashflow and encourage them to cut their losses and sell.
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17 August 2024 | 6 replies
An IRS lien, code violations (weed abatement, grass cutting, boarding windows-doors, and demolition costs), HOA fees, water- sewer bills all go along with the property providing the property has any of these.
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16 August 2024 | 5 replies
Due to higher taxes and home insurance rates, our cash flow has literally been cut in half.
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17 August 2024 | 16 replies
Focus on saving for down payments, cutting expenses, and maintaining good credit behavior.
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16 August 2024 | 19 replies
I finally found one at 20% higher than I was paying, but with a higher deductible and greatly reduced coverages (loss of rent from one year to 3 months, liability from $500K to $300K, everything else cut or excluded).Personal opinion (I work in insurance) and those of pretty much everyone I've spoken to in the industry feel we are at least a few years away from anything softening.
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16 August 2024 | 4 replies
Correct me if I’m wrong, but reaching out and saying “Hey, I know of this undervalued property and have comps” isn’t going to cut it.