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23 February 2024 | 10 replies
I forgot to mention, I suggest you confirm with the responsible government body (town, city or county) that the encroachment and proposed easement do not and would not violate zoning restrictions, i.e. setbacks or utility easements.
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23 February 2024 | 12 replies
Just like with electric cars, nobody wants to talk about the true costs, the poor people (aka: slaves) digging up the materials, the damage caused by the manufacturing process, that solar only survives because our government steals money from its citizens to prop up the entire industry, involvement of Communist China, etc.If you want to use this technology to feel better about your carbon footprint, go for it.
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22 February 2024 | 2 replies
For instance, a claim filed under a federally declared natural disaster is most likely looked at very differently than a claim for a leaky pipe.
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23 February 2024 | 22 replies
This is a conundrum as more people are default this year than ever since 2009, but I think the reason is all the government assistance, and the extremely high demand for sub-prime loans.
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22 February 2024 | 4 replies
And that’s why almost every single person on the Federal Open Market Committee believes that it will be appropriate for us to reduce interest rates this year.” — Jerome Powell, Federal Reserve Chairman, during his “60 Minutes” interview.
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22 February 2024 | 11 replies
Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping,"In one breath you say you are fix and flipping but in another mention the phrase above which tells my you are a wholesaler of a contract and not a cash buyer.I don't know why people intermix the two.The difference matters to an asset manager.If you give them a quick close,no contingencies,cash in your bank account that you control valid within the last thirty generally you can get much lower offers accepted.Now it all depends on what type of property you are going after and they type of bank or government institution involved as to how much impact a certain strategy will have.
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23 February 2024 | 13 replies
Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines
21 February 2024 | 2 replies
To me these are the forgotten ones the government does not focus on.
21 February 2024 | 23 replies
Tennessee follows federal HUD laws.
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21 February 2024 | 7 replies
Establish connections with real estate brokers that focus on investment properties.Funding: Explore various funding options, such as partnerships, hard money lenders, private lenders, and conventional mortgages.Make use of your experience in building to precisely estimate repair costs and provide prospective lenders with well-prepared project proposals.Look into any grants or incentives that may be available to real estate investors on a local and federal level.Create a concise business strategy that outlines your objectives, both short- and long-term, target properties, and investment tactics.Remember, each real estate market is unique, so adapt your strategies based on your local conditions.