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17 March 2020 | 1 reply
My guess is that either 1) some of the offices were vacant and now were rented which dramatically increased the cash flow or 2) the property still cash flowed and given the virus situation, certainty of cash flow (even if small) was better than a one time payout with no other investment prospects readily available.I'm in a position to put 30% down so I shouldn't have any trouble financing the property, but if the owner is no longer looking for a one time payout, my question is there a way to 1) convince the owner to issue seller financing (or some other means) to get them the cash flow they perceive as valuable and 2) make sure I don't overpay for that financing as rates are so low right now?
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17 April 2020 | 22 replies
There is one model out there that pins likely outcomes to observed deaths which is likely more accurate but probably conservative in my state where we still are not sheltering in place.
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18 March 2020 | 7 replies
Failing to be proactive, and just sitting back to see what happens, will undoubtedly result in a worse outcome for each of us, both in terms of health, as well as financial security.We are all in this together, and we will get through this, together.
17 March 2020 | 0 replies
Better prospects, better returns How did you find this deal and how did you negotiate it?
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17 March 2020 | 0 replies
What was the outcome?
26 March 2020 | 54 replies
I would imagine, given the current shutdowns across the country, you may have a hard time finding any manager willing to show the property right now, so it will likely be on you.On another forum, I saw some people were going to virtual showings, where the PM essentially facetimes the prospect to show them the apartment.
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19 March 2020 | 41 replies
I believe the coronavirus scare is a temporary measure that won't affect long-term prospects.
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22 May 2021 | 27 replies
But I find that prospects are less apt to put in all of that effort before seeing a place, unless they are super motivated.