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26 May 2020 | 6 replies
From a fire at a nearby property and resulting damaage to The Shelby", to delays in fire damage repairs due to Covid 19 restrictions, to renters not paying rent due to Covid 19, to an approx. 20% vacancy rate, to insufficient reserve funds, to an obvious lack business loss insurance - Passco continues to underperformance on every statement they made at their seminar - from the safety of the investment based on their previous track record, to the expected annual distrubution amounts paid out.
29 March 2017 | 7 replies
They bring in the furniture and essentially stage the property for you.
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10 August 2017 | 39 replies
They essentially channel private money (people with IRA funds or just lots of cash, looking to invest passively for a good return) to real estate projects.
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3 April 2017 | 10 replies
I think this worked better for me because it gave me confidence in the rental appeal of the condo at the rental price listed and then let me follow up with the email which would essentially screen out most of the people that didn't fit my rental requirements.
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27 April 2017 | 3 replies
The majority of the inventory is studios and 1-Bedrooms (in the cities).Conclusion was essentially that Baby Boomers are down sizing and Millenials are going to need small Single Fams and this is going to create a huge demand for "Work Force Housing" for the next 10 years-ish timeline.
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29 March 2017 | 6 replies
If so, you have to fix safety issues, or whatever issues are called for by the terms of the lease.
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31 March 2017 | 10 replies
Your cash will be essentially idle while you are building equity.
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1 April 2017 | 2 replies
Essentially we are trying to determine if we want to become property managers and want to know how to set us apart from the competition.
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1 April 2017 | 5 replies
Essentially then, you shoot for a bank appraisal of $650ish, and then your mortgage is appraisal minus whatever gift + cash you can put in.
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8 April 2017 | 4 replies
I'm a little concerned about the area for safety reasons.