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27 July 2015 | 5 replies
@Trevor EwenWe have a number of active investment LLCs and we always pay out 90-95% of free cash flow every quarter to each holder.
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31 July 2015 | 10 replies
This journey has been VERY trying at times.My first commercial bank got bought out and would no longer loan to out of state investors.My second bank wanted 25% down, plus 6 months worth of reserves for the properties, plus 6 months worth of reserves for my other properties, plus 6 months worth of reserves for my primary residence (even though it was a commercial loan), plus 6 months worth of my credit card payments, plus the tax returns of the seller, plus the lease agreements with the current tenants.A third broker I was dealing with didn't understand for some reason I wanted it to be a commercial loan even though I repeatedly told him so.A fourth banker finally got it, was responsive, and reasonable.
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2 August 2015 | 0 replies
I am also cute plating what differences will i need to consider in my business model, such as quarterly inspection system?
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7 August 2015 | 13 replies
@Shane Pearlman hosts a quarterly meetup in Santa Cruz.
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7 August 2015 | 80 replies
.; second, to any outstanding service charges or fees from priormonths; third, to any rent outstanding from prior months; fourth, to anyservice charges or fees due in the current month; and lastly to the currentmonth’s rent."
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16 January 2016 | 6 replies
As a real estate agent, I can tell you in my market about half the agents are going to tell you what they think you want to hear, a quarter don't know what they're doing, and a quarter will actually take the time and do as good of a valuation as they can, but again it is ultimately an opinion of value.
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5 August 2015 | 8 replies
I have been the GC on the last couple of flips running back and fourth to regional builders etc but omg full time job!
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11 August 2015 | 5 replies
I'm in Ferndale and pay around $110 for a duplex I own quarterly that has three tenants.
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18 May 2016 | 47 replies
Reality was that they did about $275 of repairs each time did a quarterly inspection.
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4 September 2015 | 96 replies
A lease agreement is a bilateral contract between landlord and tenant if the lease says rent is due on the first and late on the third and we do not enforce those late fees on the fourth and start the eviction process as stated in our agreement then technically we are in breach of contract first and not the tenant and we voided the contract before the tenant did.Again maybe that is just in Texas and does not apply in your area or your business model.