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13 September 2017 | 50 replies
Doctors built new offices offices went up all over the place.Who is really going to get hosed tho in this whole deal of course is those with no insurance.. and worse yet investors with no flood insurance as they don't even qualify for any fema bene's...
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19 April 2017 | 1 reply
My two cents - I have worked with a few agents doing marketing - mainly worked with dentists - doctors etc. - we have done mainly stuff like doing Facebook and Adwords ads where we are able to customize their strategy a bit more than some of the "big" national providers - we have set up follow up email funnels - retargeting etc. - and I think the real estate agent market as a whole is one of the tougher ones I have ever worked in.It seems to me you have a small group of agents who are spending a LOT of money on marketing (ie $10-20k or more a month) and then the vast majority of the rest are spending very little to nothing on marketing programs (+/-$500-$1000/month) - typically waiting on referrals or leads generated by the agency they are associated with . . . . so a lot of feast or famine . . .
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5 October 2017 | 5 replies
Push yourself beyond your level of comfort and take risks when you are young and have nothing to lose.As for education if it is your intent to have a career (doctor, lawyer, accountant) as opposed to a job go to school otherwise get a trade.Your only purpose in working is to trade your time for money.
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30 May 2018 | 22 replies
Also, once your tenant (or other tenants) start talking about emotional support animals, make sure you receive an official letter from their doctor.
31 December 2016 | 15 replies
When I had those major problems I thought I was in great shape according to my Doctor and I ran my own flooring store and owned my first investment.
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23 July 2018 | 2 replies
I look at this as dress rehearsal for taking down a larger value add deal in the future.
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2 December 2018 | 15 replies
@James Wise Jim I had a contact that this happened to in your fair city.. busy doctor paid cash for home.. sat vacant over 90 days..
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12 August 2017 | 4 replies
@Rick Doctor- Great points.
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20 April 2022 | 11 replies
The highest they go typically for 10 year or more with investment grade tenant is 70%LTVThere are a few doctors that can get 25% down with personal banks but not with regular NNN lenders and even then if cap rate not high enough still have to put 40% or more down.If accredited with smaller amounts like you are talking might be better to invest with a syndicator like my NNN single tenant turn around deals. 100k minimum at a time and generally higher equity multiple and cash on cash upon stabilization and lease up.
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3 March 2021 | 16 replies
A doctor in NY was on the hook for 7yrs even after the building burned down and was not rebuilt, due to a bad clause.