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12 March 2024 | 1 reply
Sidenote: Open to other CRE lenders well versed in other asset classes for other investors.
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14 March 2024 | 50 replies
Though I don't think NOI in residential has any practical use in valuations or towards other financial instrument applications, it definitely is helpful to analyze synergies forecast in OPEX when you get multiple properties.
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14 March 2024 | 26 replies
The listing agent should have all the info available to potential investors that they'll need to make an informed offer however including rent roll, financials, photos, proforma, sometimes current leases redacted and sometimes (more rarely) even a recent inspection or pre-inspection, etc.
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13 March 2024 | 2 replies
Given our financial constraints at the time, we couldn't afford such a high sum for limited coverage.I'm told that the lapse in coverage for the few months between being dropped by our previous insurer and attempting to get a landlord/investment property policy will make if VERY difficult to get a policy.I'm not sure that my agent really has much experience in insuring investment properties/rental properties.I reached out to Arcana (now MSI, and they forwarded my a list of agents/reps that could work with me.My question is: Are there any other places I should be looking to obtain coverage?
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11 March 2024 | 152 replies
By doing so, we have made several of our investor friends financially secure & some also opted to retire early.
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14 March 2024 | 7 replies
U can keep trying but as stated your best bet is a financial ( cash partner) and then you have to talk them into why they should give up a bunch of the deal to you.
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13 March 2024 | 8 replies
If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)
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12 March 2024 | 2 replies
I am doing an entity clean up and was looking at doing the same thing. 531390 NAICS INDUSTRY REAL ESTATE ASSET MANAGEMENT might be another way to go, as some of the real estate codes are higher risk than others.
12 March 2024 | 1 reply
We (3 siblings) bought a home for a little over $1M just before covid, now it's appreciated to $1.4M - $1.5M.All 3 names are on home title. 2 siblings want to sell, one of the sibling is financially capable of buying out the other 2 siblings.
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13 March 2024 | 13 replies
I came to America when I was just 21 years old and quickly got my CPA license.I worked for small accounting firms before getting picked up by Deloitte.I was with Deloitte for 14 years in their asset management practice.