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30 November 2017 | 22 replies
Listing ppw typically states that the listing agent gets the commission for both sides, if buyer does not have an agent.
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27 November 2017 | 3 replies
Call and set up appointments with different firms.Count on spending some money and potentially not making any money in year 1 (again potentially), commercial properties while typically much higher, also tend to be for sale much longer and the time from LOI (letter of intent) and closing can be substantial.
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3 May 2019 | 17 replies
@Doug W. buying stock in a private startup company typically offers the potential for a return upon the company achieving a liquidity event.
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1 December 2017 | 25 replies
For government loans, this is typically lower however, you would have to pay a premium up front and carry the insurance for life.
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1 December 2017 | 19 replies
The banks up here typically like to have a smaller position the more expensive the property.
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28 November 2017 | 18 replies
Typically landlords would describe emergency repair requests along the line of involving "fire, flood or blood" (if this helps).One would assume that a tenant with a lousy credit score, two pitbulls and a yearly income that places her on poverty status would be grateful any landlord would rent to her.
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27 November 2017 | 5 replies
You can use a company like ShowMojo or Rently but those typically don't make sense for a small number of units.Check out this list of lock boxes on AmazonI used something similar for vacation rentals and they work fine.
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10 December 2017 | 15 replies
I would also recommend checking out the comps (what's typical in the neighborhood on recent sales?)
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31 May 2018 | 6 replies
In the state of Ohio if the property is in an LLC you MUST hire an attorney to represent you.Once you file the paperwork, the municipal court will schedule a date as well as send out mail, certified mail and typically send a baliff to make contact with the tenant.
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29 November 2017 | 12 replies
For a Monte Carlo simulation, I might apply a +/- to that and see to what extent variations in that estimate have ~non-linear effects on the final answer.Agree that one of the biggest impacts is the current value; for two of my properties the mortgage company provides an equity estimate (which I have no idea how accurate it might be since websites like Zillow, etc typically don't handle multi-family properties very well), but here's a sampling of the estimate variations from different sources:$252K (Appraisal for refinance 21 months ago) vs. $269,939.00 (MortgageCo) vs. $294,900/$321,230.00 (Realtor; CMA vs.