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23 January 2025 | 15 replies
So, once more, please clarify how many lenders we work with and how much we charge for them to buy our leads (hint hint, there is no answer here as this is not how we work).
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7 January 2025 | 3 replies
For rentals, would a single floor or two floors makes sense?
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19 January 2025 | 55 replies
.: Quote from @Edward Toomey V:I’ve had rental properties for over 22 years.
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15 January 2025 | 15 replies
We simply charged 1% service fee.. so if the coupon ( in those days was 15%) We dragged 1% and divided up 14% to our fractional owners..
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11 January 2025 | 20 replies
What are they charging per night?
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21 January 2025 | 2 replies
Im only charging $700 but I could easily get $1000 maybe $1100 considering what other places are going for and my place is nicer, and is in a quieter neighborhood, and has a yard, etc.
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7 January 2025 | 4 replies
Im really interested in buying some cashflowing rentals in Ohio, Indiana, Arkansas, maybe the Carolinas.
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13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
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21 January 2025 | 31 replies
I would never form an entity with them when I can do it online with a firm that charges a fraction of what they charge).
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15 January 2025 | 0 replies
Dont trust this company! There are scammers! There are fraud. They sell you a package to enter and then find you people to stay and never paid you back!