3 February 2022 | 3 replies
They are extremely responsive, have a ton of resources, and documented/standardized processes for everything you can think of.
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2 February 2022 | 8 replies
I know for a lot it’s cash flow, but I’ve also heard that cash flow isn’t a good indicator for whether you should invest in a property.As long as I am netting $200 to $300 per month I would pull the trigger on acquiring the property.
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1 February 2022 | 3 replies
Lastly, any advice for finding the best mortgage lender would be extremely helpful!
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1 February 2022 | 0 replies
Comparable houses in the neighborhood are easily going for $300K + and more, so we're extremely happy.
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8 February 2022 | 6 replies
For example, owning 3 Units in a 15 Unit Complex.Basically, I've seen this deal presented a few times, but even when numbers work, it's tough to pull the trigger being that you don't own the whole building and are relying management to upkeep the building and its surroundings.
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2 February 2022 | 4 replies
But acquiring a multifamily here is extremely difficult.
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3 February 2022 | 4 replies
@Allison MorrisThere is nothing illegal, immoral, or unethical about transferring a property you own to an LLC you are a member of.Yes, it can trigger the due on sale clause.
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7 February 2022 | 16 replies
To be more upfront, it's extremely time-consuming and you'll face a lot of rejection, similar to that of any sales industry.
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3 February 2022 | 7 replies
I feel like it's one of those situations where it's not an egregious enough for there to be any real recourse, however, I find it extremely unethical that this person whom is supposed to be making decisions in the best interest of the collective owners is willing to break the rules to advance their own interests.
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3 February 2022 | 9 replies
Where I live in Los Angeles it is very common for a tenant to offer up-front money because the rental market is extremely competitive and good inventory is scarce.