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29 March 2012 | 13 replies
Naturally, another unit has since been posted to the MLS, and they too are interesting making it 5 houses and 18 total units (from 6)... what is wrong with me!
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28 March 2012 | 7 replies
Or does that fall outside that description due to the small nature of the property?
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2 April 2012 | 25 replies
MBA programs by their very nature are going to have people around money.
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2 April 2012 | 4 replies
If you can, pro rate each deal so that if one property fails to meet any inspection or title issue it does not kill the sale of the remaining properties, if that would be to your advantage and your seller will sell that way.Hopefully you broke out the sale price of each property and not all for XXX dollars, everyone will need individual prices for taxes and financing if any.I have done multiple properties on several occassions and one one contract, however the wording in many areas of the contract were changed to reflect the plural nature of the deal.
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5 April 2012 | 25 replies
Supply is down and buyers are up so prices naturally rise.
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5 April 2012 | 6 replies
In some ways they remind me of athletes with natural talent who are unwilling to put the work in to develop that talent, always complaining about how unfair the coach, or luck, has treated them when they have done little or nothing in the way of hard work to make their own luck.No sane person could deny that our government seems to have lost their reason when it comes to the way they are regulating business in general and lending in particular.
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6 April 2012 | 3 replies
. :-)I hope/think it has made an appearance…I'm a quadriplegic & in kind of cash flow is greatly needed and appreciated… Before my accident 13 years ago…My daughter had a favorite babysitter, at the time… The babysitter was 15 years old.Now she is all grown up & has a few kids of her own, nice guy for a husband and they are looking to buy their first home.This is what I'm hoping to get involved and help everybody out.They had made an offer on a short sale, but… The process was too slow & their loan had expired before they could even use it.I've been all over the Internet for the last 2-4 years just being a sponge, trying to sift through as much BS as I could.I was able to find a title company that would out right purchase a piece of property for me (willing to put the piece of property under my name/company name), as long as I had a buyer ready to purchase right away.What I would like to, is to do seller financing/creating a note & let it season for a few months, then turn around and sell that note…I don't think I'll actually be making a lot of money from this, but… Maybe making just enough to make a down payment for my next piece of property & throwing the snowball down the hill from there…Their credit scores must be pretty good, they had already prequalified for a loan… The short sale process just too long.I was wondering if there were any "templates" for contracts and things of that nature… If someone had a link to where I could purchase or download for free.
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4 May 2012 | 31 replies
Monica best thing you can do is share knowledge without the expectation of nothing in return whatever the medium (forum posts,social networks,bookmarking,videos,blogging,etc.)People will naturally be drawn to you by HELPING them.
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10 April 2012 | 14 replies
If people get greedy (lenders in 2005) the economy is meant to go into a depression or recession to correct the natural flow.Big companies that got too greedy are meant to fail and go bankrupt.
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18 April 2012 | 19 replies
If for the area utilities are included then separating out will likely just make tenants move down the street and you won't recoup your cost.If utilities included is uncommon for the area and the owner was just trying to fill them up or you have an outdated building then you want to look into off loading costs onto the tenant.Water and heat is only going to go up over the years as we deplete natural resources.You want tenants paying for that or your bottom line will be eaten up.This is the number ONE concern I hear from clients that own hundreds of units.Apartment foreclosures you can look online on Costar and Loopnet and for foreclosures in process usually you can look in the legal notice in the paper or court filing.It depends on what state you are in and judicial or non-judicial process and lender required notices with intent to foreclose and if those have to be recorded.You also need to look at new permits and zoning applications to see new apartment product slated to come on the market now and in the next few years.