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19 May 2024 | 20 replies
Still, I realize I have only scratched the surface, not to mention I am arguably using a source that may be misleadingly rosy.
14 May 2024 | 2 replies
I prefer a solid surface, tile or something similar like hotels do.
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17 May 2024 | 7 replies
I personally don't believe that the property will continue to appreciate or see the rent growth that it has seen over the past few years.Based off of the surface level information, what options would you go with and why?
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16 May 2024 | 5 replies
I'm currently a novice trying to break into the real estate industry in any form or fashion, and I'm willing to collaborate on joint ventures.
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16 May 2024 | 2 replies
(It also may be a good old fashioned clogged drain.)Either way, you need to schedule the septic to be pumped out now and every 2-3 years.
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16 May 2024 | 8 replies
Jeff might know better, but on the surface I'd say no.
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17 May 2024 | 7 replies
Seller credits, zero interest CCs, borrowed funds from family as options and on surface they may seem stressful but if done responsibly on the right deal will be worth the effort to "figure it out".
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16 May 2024 | 4 replies
I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.
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15 May 2024 | 2 replies
This is done by hiring an industrial hygienist or an air quality professional to come to the property and test the air and surfaces for mold spores.
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14 May 2024 | 14 replies
I would then get an EIN and a bank account and transfer the funds in order to close on the property and then use as an operating account for the income and expenses so everything can be tracked.I have done deals in a similar fashion as a partnership.