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11 July 2024 | 12 replies
If the property can be sold with conventional financing I am on the other side of things (and the minority) they seller financing is a bad idea due to the risk and the returns especially when considering tax ramifications The idea behind it would be that I sell using seller financing to continue to cash flow each month at a high effective rate with the amortization schedule and put a balloon after 7 years so that I can collect the full amount once the effective rate in the amortization schedule starts to balance out and not be so lucrative in my favor.I’d love to hear more of your opinion on that idea!
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12 July 2024 | 3 replies
In my opinion, the most effective approach is to close on the property and take title.
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12 July 2024 | 10 replies
Very straight forward to use and cost effective.
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11 July 2024 | 0 replies
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
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11 July 2024 | 0 replies
This deal showcased our effective renovation strategy and commitment to delivering profitable outcomes.
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11 July 2024 | 4 replies
It really makes no difference whatsoever…as you will be getting title insurance, either way, and if you ever have a title issue that’s who you would go to anyway…not the previous owner.It has effect on you or the lender, as long as you get owners title insurance (the lender will require lender’s title insurance in any case).You can sell with General Warranty deed when you sell.
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14 July 2024 | 56 replies
If there are multiple people in the room, it’s not really effective.
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11 July 2024 | 1 reply
Here are some key reasons why tenant screening is vital:- Risk Mitigation: Effective tenant screening helps mitigate risks such as rental payment defaults, property damage, and legal issues.
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11 July 2024 | 6 replies
Real Estate is definitely not just a "numbers analysis" and you are definitely thinking about things the right way - but I think a good next step for you would be to spend some time putting a lot of this stuff into a (very) basic financial model/spreadsheets mapping out all the potential costs and estimates on effect (effect on value, on exit, different scenarios) - I think getting started with that framework should help with these decisions immensely
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12 July 2024 | 12 replies
They have expertise in selecting furniture, decor, colors, and layouts that complement the property's style and appeal to potential guests.Optimized Space Utilization: Designers can maximize the functionality of your rental property, ensuring that every space is utilized effectively.