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12 January 2025 | 8 replies
There's a mix of younger professionals drawn to the tech and education sectors, as well as retirees attracted to the area's mild climate and cultural attractions.2.
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22 January 2025 | 7 replies
(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.
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22 January 2025 | 4 replies
In my situation if I’m earning $18,000 in cash flow from a property my tax benefits are offsetting at least that amount and I’m still paying $0 in taxes so the real estate scenario is attractive to me.
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11 January 2025 | 9 replies
Before committing to paying off the property, analyze whether there are ways to optimize revenue, such as better marketing, adjusting pricing, or upgrading the property to attract higher-end guests.Return on Capital: If you pay off the mortgage, the “return” is essentially the 7% interest you’re saving.
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29 January 2025 | 1 reply
Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units.
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17 January 2025 | 4 replies
I want to work with great people, build long-lasting relationships, and help them grow their wealth while doing what I love.Here’s where I could use your insights:Raising Capital: What’s the best approach for attracting investors who are interested in partnering on real estate development and redevelopment deals?
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28 January 2025 | 0 replies
Purchase price: $245,000 Cash invested: $80,000 I served as the buyer's agent acquiring this property.
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21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
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7 February 2025 | 7 replies
If yes I want to be on your list of cash buyers.
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7 February 2025 | 6 replies
As a major buyer in San Antonio, Dallas/ Fort Worth, and Houston, one challenge I often face is the limited inventory or lack of serious deals that come my way.