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18 December 2018 | 7 replies
Wells Fargo was willing to do a 15 year term 15 year amortization annually adjusting which is the longest term I have been able to find but being only 15 year amortization weakens cashflow.
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7 December 2018 | 0 replies
Definitely something to continue to monitor, as obviously longer periods of supply mean either demand is weakening or there has been too much construction and it is taking longer to be absorbed.
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27 December 2018 | 48 replies
I would think the issue would be if rents soften and go down or you have vacancies.. keep in mind not all apartments did well in the down turn.. in Vegas many lost apartment complex's same with Phx.. when vacancy went to 30 to 50%.. they lost them to the bank.I know of one big apartment owner in Oregon who sold their prime Portland 3 and 4 caps chasing yield in vegas 100 million dollar roll up.bought vegas in 06 with max debt and by 2010 he lost the entire portfolio to foreclosure.. in the meltdown nothing was immune.. although Portland ( and this is all very regional) that rental market was strong.. but today as we sit here it is weakening in Portland rents are coming down.. and those that have built new complexs are going to be stressed for sure.. when rents get higher than owning which is kind of what has happened.. this thought that millennials don't want houses is just not correct.. they are not brain dead.. they know rent is a waste of money so when our rents in PDX get to 2500 to 3k or they can buy a brand new 400k home for the same price.. that's who is buying my new builds its that 30 to 40 year old new family.
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30 April 2019 | 234 replies
Sometimes these experiences weaken my approach in any area of my life business or not, but doesn’t mean it will dictate how I ultimately act.
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18 December 2018 | 6 replies
It's when you start adding others like "this offer is contingent of the sale of the buyer's property at 123 Main St" that your offer is seriously weakened.
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2 October 2018 | 7 replies
Real estate, student loans, and just about anything else it can screw up have been contributing to this weakening economy.Shrinking Skilled Labor Force BP article
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8 October 2018 | 106 replies
As for multiple offers, you can do few offers but you'll have to include inspection contingency in the offer, which will weakened the offer.
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22 March 2019 | 3 replies
I've run a landscaping company with quickbooks for years so I'm hoping to continue using quickbooks, and am confident I could set it up in a way the my accountant could properly and easily file my taxes, but I just don't want to weaken or ruin the LLC asset protections to make my paperwork a little cleaner.
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13 November 2018 | 35 replies
It could be viewed as retaliatory in court, so if you do need to evict later, it would weaken your case.
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9 November 2018 | 2 replies
But the damage was too much, and the wall was actually weakened by the shear number of holes.