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16 August 2020 | 5 replies
All these problem have been solved due to the passage of legislation which modifies Florida Statutes 83.59 and 83.67, the sections that define when a manager may take possession of the property and how to deal with abandoned property.
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22 August 2020 | 8 replies
Another section the financial covenants, has a debt service coverage ratio defined.
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26 August 2020 | 13 replies
Your problem likely lies with C class and not the broad market.
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16 August 2020 | 2 replies
I’d like some advice on how to define goals.
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20 August 2020 | 10 replies
Again look at my post on Broad Finance discussion to pick your banker.
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19 August 2020 | 3 replies
That’s a pretty broad question.
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17 August 2020 | 1 reply
However, simply understanding that has not helped me move much closer to defining my goals or gain clarity on what ranges of CoC returns, cap rates, total ROI and GRMs, etc etc I should be comfortable pursuing.Are there any comprehensive books that might help me gain some clarity on this?
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20 August 2020 | 78 replies
First off, if we have differing views on what's fair, I'm defining not knocking yours as inferior on any metric.
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19 August 2020 | 21 replies
(Bobby and Mary are automatically ranked on the website as either 5 star buyers or 1 star buyers. these pre defined metrics could be things such as if they have uploaded their government issued ID's, how many viewings they have been to previously and whether or not they are on time or always late ect. if they have already uploaded 3 months banks statements etc) (these metrics could be anything, SIMPLE enough for the buyer to access and but super HELPFUL IN EXPEDITING the sales process later down the line) This also helps to weed out serious buyers and window shoppersAnyways, Bobby and Mary are 4 star rated and the seller is happy with that :) Bobby and Mary view the property,un-pressured by an agent helicoptering them and happy to take their and time and mingle with the owners during the process, getting a feeling if the property would be a good fit for them.
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13 September 2020 | 2 replies
Bonjour :-)Property Management is quite a broad term: from cleaning/maintaining the property yourself with a bucket of water and a toolbox, to keeping whole apartment blocks up, running and financially sound.In Europe, the ROI is often low (unless you're doing renovation projects maybe, but these can have other challenges), which forces to keep operating costs low too: DIY as much as possible, or as cheaply as possible.In some cases, it may be harder, if the property is a bit further away etc.