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11 August 2015 | 8 replies
From a tax/write off point of view Should I make these repairs prior to the tenants moving in or after the tenants are in the house?
11 August 2015 | 0 replies
The aim of this report is to describe the procedural steps and preliminary results of VAAFT.
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12 August 2015 | 7 replies
I realize that Aaron is not the most common name ever, so perhaps it's a fruitless exercise...but I'm viewing this as an opportunity to create a "Pongo the Real Estate Investor" identity.
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23 August 2015 | 12 replies
For now, this is what we are going to do:- Call tenant, notify her of the situation, write letter as well- She'll be charged the late fee and bounced check fee- Set-up an inspection to come an view the property this weekQuestions for the BP community:- How long can we need to legally give her to pay the rent?
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11 August 2015 | 5 replies
Think about it from a home buyer or investors view.
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13 August 2015 | 10 replies
Servicing such loans is a high-touch and labor-intensive process, and commercial banks may view troubled loans as too challenging and costly to service.
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21 August 2015 | 11 replies
He needs to look at the opportunity costs and most likely note income will be better than an alternative investment or buying down the existing debt.Follow this path and then fill in the numbers, you do need to get the numbers, but look at it from his point of view to make it work for you.
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12 August 2015 | 16 replies
I could only imagine as nasty of the conditions that you describe, your rehab will be in vain as he will not care for and maintain your upgrades thus leading to more expenses upon his vacancy.
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13 August 2015 | 7 replies
By having this agreement in place prior to, and given the buyers agent can retract their commission, it may be less expensive to pay your buyers agent through the closing instead of raising the price by an amount you might have otherwise have agreed to go.In the situation you described, if the actual fact is the listing broker is attempting to double end the deal to their own buyer client but the two offers are similar it may have saved you a couple/several thousands of dollars had you agreed to pay your buyers agent a fee/% in exchange for retracting their rights to a commission and raised your offer by x dollars.In the past when working CRE brokerage exclusively, I would propose this to my buying clients when a competitive buying situation arose, but with the added caviot that my fee went into the deal on a pare pasu equity basis and I also got the management/brokerage work for the project.
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8 January 2017 | 45 replies
Yes Bill, it is very often the case as you describe.