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14 July 2024 | 14 replies
They might kick down some money if you can prove you had excessive cleaning costs because the guest trashed your place.
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13 July 2024 | 19 replies
D. (2) states "if third-party payments received exceed Buyer's obligation, the excess amount shall be paid to Broker, or credited to Buyer, or __" with the buyer's agent selecting if excess above the agreed payment amount shall go to the broker, buyer, or someone else. meaning that the buyer could receive the excess if the commission offered is higher than that agreed to between the buyer and their agent.
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13 July 2024 | 5 replies
Depending on how much material or items you need there's always people selling excess material and items they ended up not using or needing, typically at a discount.
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14 July 2024 | 11 replies
Thank you for the information and yes, I plan to rent out to some of my friends and my main goal is cash flow and to use that excess cash to invest in more properties!!
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11 July 2024 | 1 reply
Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.
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12 July 2024 | 12 replies
Have been doing this for a few years and there has been lengthy dry spells like this month.
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14 July 2024 | 26 replies
Other areas were your relying on Wells that are very expensive and or you pay 15k for a dry hole.. etc etc. there is basic due diligence that needs to be done and relying on someone else to do that for you is frankly foolish.
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11 July 2024 | 5 replies
It may have to go to the Excess/Surplus market (ie.
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11 July 2024 | 2 replies
Having a signed agreement for each property stating responsibilities and budget, along with the agreement if we go over the budget, we're both responsible for 50% of excess capitol injection.
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9 July 2024 | 5 replies
Well, now that excess cash is in PNC bank