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2 January 2025 | 12 replies
The Deferred Sales Trust are typically structured for 10 years and then can be renewed for 10 years...every 10 years.
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28 January 2025 | 56 replies
I'm coming up on policy renewal and, unfortunately, Obie no longer has a realationship with that carrier so I'll be curious to see what they bring to the table as other options.Overall, nothing negative to say about them.
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25 December 2024 | 10 replies
Why don't you just non-renew him at the end of the term?
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18 December 2024 | 6 replies
I have a guy who has been here since July, but I renew his short term stay for two weeks at a time, every two weeks.
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26 December 2024 | 6 replies
Because the owners of Licensing Experts pay ALL CASH, the closing usually occurs 3-6 weeks, which is very fast compared to traditionally financed commercial deals I've seen on Bigger Pockets.The whole thing hinges on their very clever technique of getting existing commercial retail tenants engaged, willing to move into their newly acquired properties who are coming up for a lease renewal or lease expiration, rather than marketing for new commercial tenants - which would take way too long.Licensing Experts is somewhat of a "front" for their Mentorship Platform, as they evidently have many of their own separate entities for which they use to actually purchase and close on their commercial properties assigned by their mentees.
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3 January 2025 | 8 replies
Operators who were able to kick the can down the road may see huge increases with this year's insurance renewal or property tax bill, but there's no reason to expect another year of massive surges in operating costs.
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22 December 2024 | 24 replies
Quote from @Jay Hurst: Quote from @Jay Hurst: Quote from @Randall Alan: @Gregory SchwartzThen there is this on privatizing Fannie & Freddie:"Trump may renew a housing fight that could rattle mortgage rates":https://www.cnn.com/2024/12/02/economy/fannie-mae-freddie-ma...The gist of the article is that without the government backstopping mortgages, rates could realistically go up!
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18 December 2024 | 11 replies
Kit showers or tiling, or tiling the shower (hot mop or tub shower then tile the rest) all are different3) what is the cost to renew the floor with a LVP?
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18 December 2024 | 9 replies
Not sure if I will renew his lease.
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20 December 2024 | 6 replies
If not I’d consider staying with the rental and raising the rent to market rate at lease renewal in May.