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25 June 2024 | 10 replies
I know many people have lawyered up, and they’ve gotten nothing of value back in return for their legal fees.
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26 June 2024 | 7 replies
Wholesalers take that original contract and will assign it to and end-buyer (you) for a small fee.
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24 June 2024 | 5 replies
-I hear condos are now charging outrageous amount of money for association fees and costs and people are selling their properties on account of this.
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25 June 2024 | 16 replies
Hi everyone,I've been building a 4-unit property in FL and I had a specialty drywall contractor I had to hire for a fire-rated ceiling.
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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 | 6 replies
For SWFL locals, I would like to discuss your tactics in this current market, where prices are still way up and rates are as well.
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25 June 2024 | 2 replies
lets say heloc rates are at 9% and deal is 15% coc, its a 6% spread Would youd do it?
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24 June 2024 | 20 replies
As a commercial lender the rates are lower on cash flowing properties.
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25 June 2024 | 4 replies
They not only show past appreciation rates for a given zip code, but also uses data to provide anticipated appreciation.
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25 June 2024 | 17 replies
Or get a tenant in there at market rates?