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25 June 2024 | 39 replies
Additionally, all odors and smells now permeate the entire house, for good or for bad, and the same goes for moisture, grease, etc.
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25 June 2024 | 11 replies
@Erica Calella great addition!
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23 June 2024 | 3 replies
You'll have to find an answer based on zoning, demand, and your ability to control the appearance of the additional improvements - you don't want to create a junk yard behind your triplex!
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25 June 2024 | 6 replies
Hi,A mortgage broker I was connected with through a realtor is telling me that I can't do a 1st position mortgage with an additional 2nd position private loan on a primary residence.
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25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
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25 June 2024 | 9 replies
First 10 years I/O and fully amortized for 20 years thereafter..If it's full income verification, strong credit and a lower LTV you should be able to get there with a mild buy down..Check in with @Joseph Chiofalo for a quick second look.
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26 June 2024 | 21 replies
My biggest suggestion is find a team that delivers a reliable OUTCOME for their people.My team and I help out of state investors create a six fugure passive income in Indy for example, if you think you'd be a good fit for that please let me know and I can explain more.
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25 June 2024 | 15 replies
In addition to keeping doors and windows operational, requiring renters insurance, develop a standardized criteria that you will apply to all dogs/cats.
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23 June 2024 | 2 replies
Investors, (two of us) ultimately funded about 32% of the project with cash and additional money was raised from members of the local REIA, simply by word of mouth.
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27 June 2024 | 28 replies
Following Mark's program, I replaced my executive income in 17 months and 3 days.In 2015, I completed 68 sales, in 2016, we have already completed 160+ deals and over the summer we closed on a $800,000 bulk deal worth in excess of $3,200,000.