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22 March 2018 | 4 replies
You could also focus on the great financial advantages of renting/down-sizing (travel more, no more yard to care for/repairs, buy an RV, visit family more)Host a senior-focused event at your facility (maybe show an uncut version of Woodstock haha) or live music, a Social Security expert speaker or Doctor to address health issues, a fund-raiser, art show, etc. and hand out flyers with a special "one month free" coupon attached Have exercise classes for seniorsWeekly bingo nightsPromote your events for free on community calendars, newspapers, seniors sections of papersPrint door hangers and get some kids to hang the door hangers at trailer parks, older communitiesEncourage your current tenants to invite friendsRent a 15-passenger bus ($50) and offer free transportation to key eventsSponsor events at senior centers in the areaCo-Sponsor service club (Rotary, Kiwanis, etc who have many senior members) eventsPut up banners and balloons when you have eventsI hope at least a few of those ideas might spark some interest.
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20 March 2018 | 16 replies
A great exercise to plug numbers into to see which option best suits the OP.
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21 March 2018 | 4 replies
If the turnkey is only offering cash purchases, I would exercise extreme caution.
24 March 2018 | 3 replies
It basically turns into part of their down payment when they exercise and buy the property.
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18 April 2018 | 4 replies
It's a puzzle that should induce a coma, but I actually find the thought exercise of it all... stimulating.
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23 April 2018 | 10 replies
Look at it as an exercise or as a game.
27 April 2018 | 3 replies
Now if you are talking about wanting to exercise your option to buy at the agreed upon price and the appraisal comes in lower it would be on you to make up the difference or walk away.
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29 April 2018 | 8 replies
Did you "rent" the property under a lease/option or lease/purchase agreement and now the tenant/buyer is exercising the option to purchase?
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17 May 2018 | 10 replies
It might be a good exercise to figure out how to pull out some equity vs selling it to re-invest in a different property that could be more passive income without all of the hassles.
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1 May 2018 | 18 replies
I wanted to exercise the option of not living in the rental, although I'm not opposed.