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1 January 2018 | 11 replies
.$1,450/mo rental rate with 1 month vacancy (for turnover, repairs, etc) = $120 per month (1450/12)$1,450 - $120 = $1,330.Therefore, if you can get them up to $1,350, that would be an excellent compromise as it gives you MORE in cash flow than moving them out and having it sit vacant for a month while you turn it over in order to get the $1,450.
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26 January 2017 | 21 replies
A compromise would be Murray Hill...not trendy like Riverside but pretty decent and plenty of MFH options.
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30 September 2010 | 34 replies
Plus I'm not sure what my insurance options are if I own them in my own name--I was told not to use personal umbrella for rental properties because it has lots of exclusions.The idea of using no more than 3 LLCs and spreading the cost of the entities over a group of properties seemed like a good compromise to me. 1 LLC for each prop is not something I want to do.
9 December 2018 | 9 replies
Every buyer would be compromising!
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15 May 2019 | 8 replies
What you're proposing will raise red flags and compromise the deal.
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23 August 2020 | 9 replies
I just want to reach a reasonable compromise with them.
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27 April 2023 | 5 replies
Treat your partnership as a formal company, do the due process, have stuff in writing... don't make the decitions and stuff personal, is a business transaction in which the common goal is an entity of itself separated from you as individuals....Partnerships are good, they bring synergies and potentiate your growth, but be thorough, crystal clear and put EVERYTHING in writing, words (opinions, verbal compromises, intentions... etc.) are worthless when S** hits de fan
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22 July 2020 | 7 replies
He would have been far better off to work with an experienced syndicator who would have offered him a 70%-30% equity split.Even more so, if the sponsor is not being compensated well, they might not be committed to the deal, meaning that their incentive to invest their time and effort in a deal they are not making money on could be compromised.
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16 July 2018 | 14 replies
I understand that flippers are in it to make money, but often times the quality of the flips is significantly compromised because corners are cut to increase profit.
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12 July 2022 | 7 replies
Our company does not compromise integrity and at the 11th hour we learned their true colors and would not compromise what we stand for.Thanks everyone for contributing your tips and ideas - I always appreciate different viewpoints and strategies!