29 June 2015 | 14 replies
:)And there are companies here in Oregon and Wa that hook up with RE brokers , ( these companies are HML) they track all the sales have a very sophisticated software system. they bid for you and also provide the cash for you at sale.So it goes like this.say you want to bid on a 200k house you need 40k. you deposit that with them.they win the bid they put up the 200k .. they take a security interest on the recipt from auction.. then when trustee's deed comes they roll that into a HML.they charge a fee for the buy .. and then charge you for the HML usually 4 and 14 , and then you do the rehab and your free to use anyone to resell.
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25 October 2021 | 3 replies
If you have more sophisticated tenants, just demo and leave as shell since they will put the money in for TI/rents.If you need to market as coworking or suite lease, gotta finish it and probably even furnish.
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21 October 2021 | 4 replies
QBO is more sophisticated and easier to automate but it's not free.
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4 November 2022 | 41 replies
You are now in business with someone who may not be as friendly or sophisticated.
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27 November 2021 | 5 replies
You should get one that specializes in SEC law and have them prepare a PPM for you.Reg D 506c exemptions from registering for a security only allow you to take accredited investors.Reg D 506b exemptions allow you to take sophisticated, non-accredited investors, but you are prohibited from advertising, which can mean a lot of things.
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4 November 2021 | 4 replies
I've seen some college kids who are geniuses with Excel and I was impressed in regards to how fast they created sophisticated spreadsheets.
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16 November 2021 | 4 replies
He is swapping the planned materials, and HVAC machinery to lower costs without my agreement.
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17 November 2021 | 4 replies
The smaller tenants and less sophisticated want gross or Net leases. if you get a bigger tenant, they can handle NNN leasing.You need to come up with a process that analyzes both USE and USER.
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11 January 2022 | 38 replies
Things I learned in my first job that have continued to prove valuable today: underwriting, managerial accounting, private equity deal structures, what a side letter is, what investors want out of deals, what a K-1 is, why real estate is a valuable investment class, what asset allocation is, where to find tenants, what cam is, how to handle Capex items in sophisticated underwritings, loan docs and negotiating terms thereof, understanding a lease, what an estoppel is, what a phase one and phase two are, how to read a PCA, basics of land use and zoning...Oh and best of all, I got paid to learn all of this stuff.
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4 January 2022 | 6 replies
Lots of people are OK with that because a lot of times people buying in that 2 to 5 million dollar range are more "sophisticated" than someone buying their first home or investment property and they know their way around the deal and don't need guidance, they just want to get the deal.If you feel comfortable with the deal process and economics then I wouldnt worry about what the listing agent is going to earn but if you are worried about getting hosed, you probably should be and hire an agent to work on your behalf.