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31 January 2025 | 3 replies
The solution could be a creative financing solution such as a total or partial private note, an assumption of the note or LLC, a speciality or local lender, or any combination thereof.Â
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31 January 2025 | 6 replies
Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.
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29 January 2025 | 4 replies
Hey Huong, I specialize in Montgomery and Bucks county area.
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2 February 2025 | 15 replies
If you're already stretched thin and expecting to hit 15-20 properties by year-end, hiring by summer makes sense, specially if revenue can support it.
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29 January 2025 | 16 replies
We specialize in managing single-family and multi-family homes, with a portfolio that includes properties in the Indianapolis market.
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11 February 2025 | 12 replies
It really makes a difference when you use pros that specialize in REI and how they can help your money work for you.Â
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16 February 2025 | 71 replies
I am understanding I can convert Operating Partner Units in an UPREIT to REIT shares (taxable) but the benefit is I can sell any percentage of the operating partner units, paying taxes on only that percent I sold.A friend that is a bank auditor, specializing in commercial real estate said:operating costs should total about 30%, leaving NOI 70%For us business people NOI in real estate is EBIDA (T left out as Taxes are an above the line expense)Any know, does the DST have to produce audited financial statementsSo now I feel I am better equipped to work with the RIRep and tackle the recommended PPMIf you really follow the track record of when these multi family unit being purchase and sell, average holding time is 3-4 years so you pay the premium in there and that's why how DST sponsor makes money.
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25 February 2025 | 29 replies
Consult Real Estate Attorneys: Attorneys specializing in real estate often have connections with private lenders and can provide referrals based on your specific needs.Engage Mortgage Brokers: These professionals have access to a variety of lending sources and can help identify financing options that align with your objectives.Local Banks and Credit Unions: Establishing relationships with local financial institutions can lead to personalized financing solutions and potential leverage opportunities.By focusing on these qualities and avenues, you can find a business broker and financing options that align with your goals.Â
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28 January 2025 | 13 replies
Despite if it works and or what anyone says... arbitrage will always  have a special place in my heart since it was what got me started in this RE game.Â
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25 January 2025 | 15 replies
Therefore, your request for a Type 2 STR exceeded the maximum 12.5% blockface density and the only way that staff can approve this request is for the Board of Adjustment (BOA) to grant a Special Exception for the rental.Based on this information your STR permit has been cancelled.