
15 December 2021 | 30 replies
I also would periodically contact the tenant to see if they had any updates.... and thankfully I finally heard that the govt will pay this tenants rent til jan 2022 - when I will actually get the money is a different story but at least the said they would pay it.

15 November 2021 | 1 reply
Or if the client is trying to sell a mixed use asset like a convenience store restaurant or motel, they will frequently try to negotiate higher allocation to the land and building and a lower allocation to the FFE (fixtures and equipment) since only the land and building can be included in a 1031 exchange.When and if you finally sell without a 1031 exchange a higher land value can certainly be a huge tax mitigator!

15 November 2021 | 0 replies
Finally I'd try my best to incentivize good tenants to stay.

16 June 2022 | 10 replies
I'm super excited (and super nervous) and I'm glad to finally take some real steps on REI.

8 December 2021 | 0 replies
I struck a deal with my wife, she would read Rich Dad Poor Dad and I would finally read Harry Potter.

12 December 2021 | 17 replies
If I'm only bringing 10% to the deal, I wouldn't expect 50% of the final value.

20 December 2021 | 25 replies
Finally, small increases in dollar amount have an outsized effect on tenants paying lower rent.You also don't mention mortgage details, and at 15% down you will likely have PMI, so just make sure that is included.

9 December 2021 | 3 replies
Occasionally we will have draws usually 4 draws with the largest draw being the final draw, when work is complete.

1 January 2022 | 6 replies
You could give the tenants 2 or 3 color options that match the existing color scheme and let them make the final choice so they feel like they have a voice in the process.

27 December 2021 | 44 replies
I kind of feel like I should stay on the grind and not slow down, especially since I'm finally getting somewhere.