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29 January 2024 | 2 replies
In Punta Cana, you'll have tho contend with the fact that most visitors want to stay in all-inclusive resorts and you can't compete against that while, in Tulum, you might have to contend with overbuilding of epic proportions and the ensuing competition.
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3 December 2022 | 16 replies
You think cashiers checks need to be made to Sheriff's office, so you go to some small county, and when they announce the sale at 10am...an argument ensues and the Tax Assessor wants them made to them and not the Sheriff, or you have cashiers checks and they decide that day they want cash.
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15 January 2024 | 18 replies
Congrats on doing the inspections...it's the best way for ensuing that your property is respected by your tenants and that it is maintained in a way that protects you from liability.Best...
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16 January 2024 | 0 replies
During that period, the number of closings fell for seven consecutive quarters before rebounding 74% over the ensuing two years.Additionally, the $24 billion in maturing CMBS loans this year could stimulate sales activity as the interest rate environment will likely be much different from their rates at origination.
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11 December 2020 | 119 replies
Also in the Philadelphia market we do not work on doubles closes which ensue the double closing costs, we work on assignment contracts since the transfer tax in Philly is 4.28% and if we did a double close that transfer tax would kill the buyer and eat up the margins.I hoped I was able to shed some light on our processes up here in Philadelphia.
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29 December 2023 | 15 replies
Examples include: 1) Ready to jump on any and everywhere property, regardless of how close it is to my vision. 2) Submits offers on my behalf without sharing the written documentation with me nor any details outside of the offer price that we agree upon (not sure if this is a norm) 3) Has stated that sellers are not interested in bidding wars so my highest and best offer should always be submitted first, despite instances where bidding wars have ensued on properties of interest.Am I reading too much into this or are these the actions of a questionable agent?
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11 October 2020 | 71 replies
It’s an interesting debate that has since ensued.
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4 April 2020 | 11 replies
I completely understand why they did, with universities closing and students vacatingWith the volatility of the markets right now, I'm more than a bit reluctant to pull the trigger on any of the multi-family projects that I selected, knowing that I will be walking face first into issues with vacancies, moratoriums on evictions and ensuing legal issues not to mention the possibility that the lender could decide not to fund at the very last minute.I've been investigating possible alternatives to a 1031 exchange (outside of paying capital gains) and the only real alternatives I'm seeing are the Deferred Sales Trusts and 453 Installment Sale options.
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17 November 2023 | 16 replies
Serious injuries and hospital bills ensue.
17 December 2023 | 38 replies
The necessary repairs and ensuing legal complications have also delayed the rental of the property, affecting two months' worth of income.