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29 March 2020 | 7 replies
The bent beams have lost most of their strength to resist the soil and water loads against the foundation.
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29 March 2020 | 4 replies
Fortunately, I have a recession resistant job and quality tenants who are still paying rent despite everything going on.
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3 April 2020 | 6 replies
The lease option is interesting, but I worry since there are already tenants in place how that would muddy the waters, legally, i.e. which "tenant" would the seller be evicting if things went sideways.The hard money loan is an option, just looking at path of least resistance given the current state of affairs and potential for tenants losing their jobs, non-payment of rent, etc.
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2 April 2020 | 6 replies
You know the area the best, you likely have connections, and quite frankly it is the path of least resistance.
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8 February 2021 | 88 replies
All I can say is I did what I could when I was an appraiser to correct that, but my efforts were futile, just like resisting the Borg.
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7 April 2020 | 14 replies
It can be costly however, 12k-15k for typical syndication legal documentation.8-10% can be very attractive especially with a more "recession-resistant" asset such as real estate.
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12 April 2020 | 76 replies
LOL.I wonder often if newer generations will resists tech or will embrace it like my generation has.
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14 April 2020 | 4 replies
Recession resistant!
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7 April 2020 | 58 replies
And syndications in recession resistant offerings like mobile home parks.
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17 February 2020 | 6 replies
Next you could take those funds go buy you some NNN properties get the bank to finance 70% non recourse buy a couple brand new McDonalds, CVS or something very credit worth and internet resistant at 5 cap or sub 5 and live off the checks and then 1031.