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15 September 2024 | 11 replies
Bottom line - All hype, bs, misinterpretation, opinion bias, etc aside, sellers willing “owner finance” the sale of their property for one reason - and one reason only: They PERCEIVE that they are getting a higher price for their property by owner financing than by a cash (cash to them) sale.The “perceive” part is why buyers can sometimes structure terms ridiculously one sided in their favor - because some sellers are so focused on PRICE they become oblivious to anything else.It’s why I and numerous others have been able to structure 20 year owner financing loans at ZERO interest; why sellers have accepted “substitution of collateral” that gave them a lien on recreational land I had rather than their own income producing property; why sellers accept second position liens and allow buyers to obtain new first mortgages ahead of theirs (subordination), and why sellers always accept mortgages without my personal guarantee.I myself sell properties and provide owner financing to obtain a higher price.
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15 September 2024 | 7 replies
DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.
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12 September 2024 | 7 replies
I wish you great health and happiness.
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16 September 2024 | 24 replies
I have listened to NUMEROUS episodes Of LLD.
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12 September 2024 | 17 replies
But when it comes to rankings, I've heard numerous people say once they mastered Airbnb and applied the same principles to VRBO their rankings came up.
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12 September 2024 | 7 replies
I am an agent in the Iowa City area, however, I have worked numerous times with Regen Johnson at Ruhl&Ruhl.
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12 September 2024 | 2 replies
What do you think stagnant $/sf values alongside rising rental rates & absorption mean for the health of the market?
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12 September 2024 | 4 replies
On the income side there are numerous things you could do to improve revenue but they are not listed.
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11 September 2024 | 13 replies
The aids health foundation is sponsoring, to the tune of in excess of $10m, a proposition (prop 33) to over turn Costa Hawkins.
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13 September 2024 | 20 replies
Of course, your opinion is just as valid as mine, and if it works for you, that's all well and good.True, you definitely do NOT want to give up a 3% loan....BUT there are numerous CREATIVE ways to build net worth FASTER than hold and reinvest cash flow.