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2 December 2024 | 4 replies
The other catch is the high interest rates today and doing a refi will be expensive.
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4 December 2024 | 9 replies
Due to the high turnover and increased vacancy throughout the country I would raise the rent, put them on a month to month, and be thankful that you have a paying tenant.
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5 December 2024 | 48 replies
@Ramada Evans your approach, not doing your own research and just asking a bunch of strangers for general advice, has a high probability of ending badly.
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3 December 2024 | 8 replies
For you to ask this, you're valuing that "16% CoC" so highly it's likely overriding the real material aspect of the investment.
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2 December 2024 | 4 replies
This sounds like a class C property based on the numbers so thsoe are typically very high costs that you will incur.
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10 December 2024 | 25 replies
I would highly recommend doing some deep diligence not just ordinary on any syndication you enter, or note fund you enter.
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24 November 2024 | 1 reply
Market exposure- what is the existing density of the rental units, what is the potential existing market, what competition is coming online?
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2 December 2024 | 26 replies
They didn't explain that and I gather we ask (one of my partners wanted them to just do what they do)Since they came highly recommended.
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4 December 2024 | 17 replies
Also, even though rents are high in Memphis it is very difficult to get the rents to work out to 2%.
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4 December 2024 | 16 replies
$1,550 seems like a very high mortgage payment on a 3.15% rate and no more than a $225k loan. does that payment include taxes?