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17 January 2021 | 6 replies
Have a specific deadline for vacating and include stiff penalties for staying longer.2.
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7 March 2021 | 1 reply
Those that are conscientious and diligent in meeting deadlines, are sometimes in short supply.When you have invested in property that requires rehab or needs some work, it is certain that you will be involved with a contractor in some of these areas:ElectricalCarpentry / cabinetry / flooring / windowssheetrock / drywallplumbing fixtures / pipingPaintingExteriors / roofing /landscaping / gutters / chimneys, etc.Pressure washingand more...Therefore, the relationship of contractor and investor is key to the success of the project.However, it can be very difficult when certain problems like these show up...Failure to communicationUnclear communicationComplete shut down of communicationCross communications and misunderstandings in communicationTendency to ignore or forget communication.
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10 March 2021 | 12 replies
Inventory is extremely tight in many markets and it's going to be tough finding something with just 10 days left.
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7 March 2021 | 1 reply
As we are on a tight budget therefore, we need the founds to roll on to our next project to continue our remodels.
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8 March 2021 | 0 replies
One way to achieve that would be a consent decree that lays out those goals and a deadline for the city and county to achieve them.
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9 March 2021 | 1 reply
There are many reasons to take out a 5-, 7-, or 10-year loan, just beware that short-term financing means you'll need to refinance more often.Whether your timing is driven by a maturity deadline or a completion of renovations, you should start getting your ducks in order about three months before you plan to refinance your multifamily property.Present a clear picture of your property and tenantsLenders will be doing their own due diligence on you and your property once you get the ball rolling, but you can help the process go smoothly by being prepared.
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2 May 2021 | 23 replies
Keep the place tight and your tenants will most likely do the same.
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9 March 2021 | 0 replies
We are on a tight budget therefore we need the founds to roll on to our next project to continue our next remodel.
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17 March 2021 | 7 replies
This market is tight, so you likely won't have a ton of luck reinvesting that capital into a stellar deal.
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18 March 2021 | 5 replies
I’m asking because I’ve normally flipped but I’ve got an on market deal that’s listed for $120k and I’ve got it at $85k but the margins are a hair too tight for me so I might pass it off to another flipper that takes tighter margins than me.