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9 August 2024 | 184 replies
I’m sure others have enough knowledge to go it alone although they’d have more liability that way as lawyers and probably aren’t covered like we are with E&O on their own personal transactions, so maybe not… The vast differences between states and like you said even in different areas within individual states is super interesting and a big part of why I don’t see the role of agents going away personally.
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29 July 2024 | 6 replies
If you choose to work with an attorney for your 1031 whose experience is limited to a few 1031s a year (even though they may have a vast real estate background) you'll likely not get the economies of scale and a competitive price for your 1031.
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28 July 2024 | 4 replies
County recorded documents are necessary and sufficient, IMO, and until blockchain technology can show a better, faster, cheaper alternative, it is a non-starter.
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29 July 2024 | 3 replies
Then make sure you have sufficient reserves for emergency repairs.
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31 July 2024 | 19 replies
Real estate is an in-efficient market, that's why banks require 25% down - that is deemed a sufficient buffer in case a property has to be liquidated.
26 July 2024 | 5 replies
I have tier 1 credit and according to the bank there's roughly $140,000 in equity in my home, but my debt to income ratio is not sufficient.
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24 July 2024 | 6 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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25 July 2024 | 0 replies
that go with that/group of necessaries form/found becaused to) living in/on our property, OR founding/forming a residential care facility for elderly (i don't really get what the difference is btwn the 2 dwellings bcs i would expedite either as: non-medical: household management of operations-having agencies come in and do/multi task, of things-alongside helping mom have care..having agenting help with household actions (a human swiss army knife-springs to mind-as to how resourceful/vast in skills i'd look for her to be expediting for us) i hope that i'm making sense/being congruent with what i'm asking. can you help me?
26 July 2024 | 49 replies
You should look at it from business cycle and cap rate cycle , I could send you some charts when it ks more safer to invest at syndication….The risk when market at cap rate 4 compare to when market is at cap rate 6 is vastly different , you may want to wait until cap rates are stabilizing enough before investing so your risk / reward ratio is way higher.also you need dig deeper into supply/demand in the apt market as we are now on highest supply where there is strong pressure to rent growth.
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24 July 2024 | 7 replies
One piece of advice I would recommend if you want to go FHA is getting to understand the self sufficiency test for 3 and 4 unit buildings. https://www.newcastle.loans/mortgage-guide/fha-self-sufficie...