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12 January 2025 | 28 replies
You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do.
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9 January 2025 | 4 replies
Another one I wish I had taken earlier was to get involved with a boutique or specialized commercial broker.
9 January 2025 | 0 replies
Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.
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11 January 2025 | 67 replies
Ultimately, it’s about the level of involvement and risk tolerance you’re comfortable with.
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10 February 2025 | 16 replies
They worked exactly how your retirement accounts are supposed to work but 3 x faster.
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19 January 2025 | 56 replies
Mike has been easy to work with for me, I don't know the other guy who it looks like was involved in Four Peaks.
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26 January 2025 | 13 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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15 January 2025 | 11 replies
You have to purchase at least as much as your net sale and use all of your net cash.If the scenario involved a $450K sale.
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25 January 2025 | 15 replies
This absolutely sucks, they should be held accountable.
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30 January 2025 | 21 replies
At that class of property, the delinquencies are not low and have to be properly accounted for.The reason I asked how long you have owned is that it takes a while to recognize the sustained expenses.Obvious is to get rid of the poor tenant.