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16 November 2018 | 4 replies
However, the benefit I have right now is the fact that the rents are not yet registered with the town.So keeping the tenants as is with the low rents will set me up for low rent registration.Instead, I would rather get them all out, do the necessary renovation, including separating the boilers, this way each tenant pays their own heat and hot water.
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18 October 2018 | 8 replies
The common phrase I've heard over the years is the best time to buy real estate "was 10 years ago".If you buy with cash flow and have financing that doesn't have a short-term balloon, you should be able to ride out any storm and be positive on the other side.
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19 October 2018 | 5 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.
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25 October 2018 | 21 replies
Also if it's a really hot parcel, send in an offer with higher price tag and proper contingencies to back out or renegotiate later.
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22 October 2018 | 13 replies
If your friend is willing to do a big favor and do like a .5 or 1% fee, add that to a 3% for the buyer's side.
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18 October 2018 | 10 replies
Put up 2 panels alone , then picked up the kid and finished 1 side .
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19 October 2018 | 8 replies
Absolutely, but few banks will loan on a park with no infill plan so that moves your capital from the development side to the MH acquisitions side.
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19 October 2018 | 2 replies
My profession also lets me see that I am on the wrong side of the table when it comes to these types of deals/developments.
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18 October 2018 | 5 replies
I can't help you on the commercial side, but the mortgage broker I use at Key Mortgage Services can do residential loans in your LLC's name while qualifying you based on your personal attributes (credit, employment, DTI...etc).
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25 October 2018 | 7 replies
I raised the rents from 800 to 1250 on each side over the six years that I was there and cashed out at $325K.