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28 April 2020 | 2 replies
If I bought some real estate let’s say an apartment building for example and I wanted to rename the building for reposition purposes and to rebrand it how would I go about it.
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11 May 2020 | 17 replies
If we keep cutting off large sectors of the economy (elective medical procedures - all food service workers, hair dressers, schools, event/promotion industries) for another 4 weeks - you will see a super cascade effect in the economy that could be where we have 30%+ unemployment.
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29 April 2020 | 3 replies
I wrote the above for informational purposes.
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28 April 2020 | 0 replies
I don't need anybody to tell me how stupid I was, my own boot-prints are already embedded in my hind-side.But what I'd like to know from the community is this: what do you do with tenants who, for all intents and purposes, are perfectly happy with the dump being a dump?
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4 May 2020 | 12 replies
But I’ve changed my focus to building purpose built rentals (suited homes) All this to say is that as you grow your focus will likely change.
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29 April 2020 | 3 replies
Yup good point, thought it the same way because technology is growing and growing for the purpose of making things more easy.
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29 April 2020 | 7 replies
My brother and I started an LLC with the purpose of real estate investing.
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2 May 2020 | 9 replies
This could be a Rockstar property in an amazing location that can be repurposed from retail.Right now, commercial investments, particular retail purpose commercial is in for some hurt in my opinion.
4 May 2020 | 5 replies
There are a variety of resources on the platform to develop your knowledge base, and the community is filled with professionals to build purposeful relationships with!
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30 April 2020 | 3 replies
I am doing IO for first 5 years...so our cash flow is not reduced substantially and allow me some time to acquire(the purpose of the refi is to diversify our RE equity) an underperforming multi in CA, and despite rent control, be able to increase rents(via organic turnover and annual increases) without being super aggressive, and between the primary asset and the newly acquired asset, have the five years to increase the cash flows on both assets, so that when the loans(will leverage the secondary asset, too) goes to P&I we are not missing any cash flow and probably doing a bit better, despite the increased debt service.As for the lower LTV, I am being conservative and trying not to overextend our leverage.