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28 September 2024 | 2 replies
Lack of progress or poor quality?).
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26 September 2024 | 7 replies
Our continued challenges are always balancing the need to keep capital deployed into good projects, while simultaneously trying to not run out of lendable capital and having to say no to potential borrowers.
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5 October 2024 | 17 replies
So this is a tricky thing.Accountant's / CPA / Professionals who get paid based on their knowledge and time normally do provide a 'free consulting' call to have a chat with them.However, please be mindful that the 'free consulting' most firms offer is very high level and moreso to see if you both would be a good fit for eachother.Sometimes, these calls are done by the owner(if its a smaller firm) or business development professionals if the firm is larger.1800-Accountants is a large firm so you are likely first vetted by a non accountant whose main job is to get the sale.Best of luck.
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3 October 2024 | 3 replies
Hi everyone - I was hoping to get some advice and a recommendation of a good RE attorney.So here is my situation - an HOA foreclosed on a house and I was the winning bidder at the sheriff sale.
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4 October 2024 | 15 replies
Just about everyone only talks about and highlights cash flow and if it doesn't cash flow then it's not good...
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4 October 2024 | 8 replies
To clean a 2,500 sq. ft. house where I am located it's $195 for a good cleaner(s).
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27 September 2024 | 5 replies
As far as the quality of advice at a bigbox store - it is highly variable.
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5 October 2024 | 15 replies
There's no good "ballpark" figure, you have to know the amount of stays, cleaning fees, some add in pet fees and other things that can increase revenue.
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4 October 2024 | 2 replies
We typically don't have trouble with getting 80% of your purchase reimbursed to you as long as the DSCR hits 1.00+.Here's a quick breakdown of the eligible loan amounts based on an all-cash investment strategy:• 0-6 Months (Delayed Purchase, no Rehab completed) - up to 80% of purchase price• 6+ Months (Cash-Out Refinance, no Rehab completed) - up to 75% of appraised value• 0-3 Months (Cash-out refi, Rehab completed) - 75% of appraised value [good rates]• 3-6 Months (Cash-out refi, Rehab completed) - 75% of appraised value [best rates]Happy to discuss your specific deal whenever you've got time to review.
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4 October 2024 | 1 reply
What do you care what the ARV is as long as the deal is good?