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20 January 2017 | 2 replies
It's only as good as the strengths of the insurer to defend title in the event a claim arises later.
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12 February 2013 | 27 replies
Mike H ... regarding your loans after the first 10, are you getting commercial loans using the strength of your assets and income or via a strong W2?
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11 June 2010 | 3 replies
Good list Brian Also, begin with the end in mind...What are you trying to achieve, what risk are you willing to take, how much time can you afford, what are your strengths, what are your weaknesses.If you are risk adverse - try wholesaling a few deals firstIf you risk tollerent - buy a property type that is selling in an area you know and understand; that the numbers will return a minimum of 25% cash on cash.
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16 October 2012 | 8 replies
TRUE triple net you do not do anything but collect the check.You need to watch out for int he lease agreements who is responsible for roof,structure,parking lot,and utility lines.You also need to know if these NNN tenants are mom and pop or corporate.You also need to know the vintage date for the leases and what each tenants sales are running per sq ft yearly compared to their current rent rate.It could be their leases are coming up to reset or they have secretly told the current landlord they are fixing to default unless they lower the rent or move.Bottom line is you could benefit from a professional who works in the commercial arena and does commercial deals all the time.For instance I specifically do retail,NNN,and multifamily.These are my areas of expertise where I help people nationwide.Hotel,Office,Industrial,etc. is not what I focus on.It's really hard to get sellers to take less of a price upfront.Better with negotiating is to get them under due diligence and they do not want to start over and then disprove their numbers and bring them down to reality.Of course if they have many,many buyers wanting to purchase with multiple offers then they have the strength if each buyer is equal.
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6 January 2020 | 16 replies
It removes the need to dig up the entire yard and the strength is as good or better than replacing.
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25 October 2017 | 9 replies
For $50/month and a few thousand a month in advertising spend, you can get on the phone with motivated sellers.If sales is a strength, you'll do well with the above strategy, if it's not, you may want to start with bandit signs with a phone number, place them around your farm area, and practice sales until you are closing 1/6 or better.
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18 October 2017 | 16 replies
Do take into account your own strengths and weaknesses though, getting advice from strangers on the internet is not useful when you don't provide detailed information for them to give a good assessment.
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6 December 2018 | 19 replies
I also live and invest in East Peoria and surrounding area and have some great team members that have been a huge blessing by helping to fill the void in the areas that I lack, allowing me to maintain the confidence level I need to move forward and focus on my strengths.
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30 July 2017 | 6 replies
However, your exchange experience will only be as positive as the strength of the regional rep you are assigned.
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6 June 2019 | 52 replies
My strength is accounting, not fixing a toilet.Currently, my gross numbers are $30,000 a month gross rental income.