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14 August 2024 | 134 replies
it would fail because their original loan was 90% LTV for DSCR 0.90x 4% initial rate,new rate is 9%other word to compensate you have to raise rent by 1.4-5x to reach DSCR 1.
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5 August 2024 | 9 replies
Ultimately if you have proper insurance, 99.9% of plaintiff's attorneys are going to be most focused on securing the insurance carrier's cooperation because the plaintiff's attorney is most likely representing their client on a contingent basis and the insurance proceeds are how they are compensated.
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6 August 2024 | 54 replies
This in effect means LLs paid for the housing of these tenants by law without getting compensated.
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5 August 2024 | 15 replies
I would be curious to see where this exists, as it would have to be through a broker dealer channel in order for someone to get compensated for it, and most syndications require GP approval to transfer any position
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2 August 2024 | 5 replies
I've looked into house hacking and then moving out in 2 years but that option isn't changing anything. if someone wants to walk me through using the BP calculator and possible show where I'm over compensation on expenses.
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4 August 2024 | 37 replies
They typically keep the entire amount.In our experience, many PMCs do NOT put rentals on their local MLS and so only charge 50% of one-month of rent - but they do NOT tell the owner this.2 years ago, when rentals (and sales) were happening in less than a week, this strategy may have worked, but with rental Days On Market increasing nationwide by 38% since 2022, it's becoming more important to list rentals on the MLS to increase exposure via getting agents involved.How's a PMC, only charging an owner a Placement Fee of 50% of a month's rent or less, going to compensate an agent that brings them an acceptable tenant AND cover the PMC's marketing costs?
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6 August 2024 | 29 replies
@Gary Lucido@Marcus Auerbach very thought provoking posts.. as a broker for 44 e Hm years LOL.I have seen many variations of compensation.. i have owned 3 brokerages personally..
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1 August 2024 | 2 replies
Obviously, if the buyer bails, I want to be the one that get's compensated rather than the seller.
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1 August 2024 | 4 replies
Luckily, my mom qualified for the Landlord Compensation fund.
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1 August 2024 | 4 replies
High interest rates shift that money from the seller to the bank, so the purchase price needs to go down to compensate.