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6 November 2024 | 1 reply
**Negotiating Flexibility**: Discuss these scenarios with your realtor and outline specific conditions under which you can proceed independently.
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4 November 2024 | 6 replies
Let her rent it back at market value-why are you giving her a discount-did you get a better price when you bought it on the condition she could rent it below market value for a while?
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14 November 2024 | 24 replies
Because it will be very hard for you to know if he is selling you a deal in a good neighborhood, in good condition, and then placing good tenants.As others have suggested, see if there is a syndication deal that fits your investment goals.
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29 October 2024 | 4 replies
Zoned 401-commercial. .353 acre lot7 0f 8 units updates in past 7 years. unit 8 in good condition long term(13 year tenant). all 1 bed/1bath. fully occupied. 4 units on 1st floor, 4 units on 2nd. just had the parking lot repaved spring 24', good drainage.
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6 November 2024 | 1 reply
**Proactive Steps**: - **Prepare for Inspection**: Ensure the property is in excellent condition, with all necessary safety items in place (e.g., smoke detectors, proper handrails).
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9 November 2024 | 21 replies
The property is condemned currently and as of June 2022 Will confirm before closing that I have till June 2023 to get the property below 75% deteriorated or whatever verbiage that was used to denote the property being in a degraded condition.
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7 November 2024 | 27 replies
You could try to weather the negative cash flow and refi later.
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4 November 2024 | 1 reply
The truth is, if the owner did increase the rents and was operating the property to market conditions, and at the most optimal level, they likely wouldn't be selling the property.
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5 November 2024 | 5 replies
It's relatively easy to look at comparable properties on airbnb with the same bed/bath, general condition, and location and click around their calendar to get a sense of what they're making in bookings each month.
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30 October 2024 | 12 replies
However, communication issues with Lacey began almost immediately—she took two weeks just to send me a contract and was frequently unresponsive, blaming weather-related issues.She advertised the property as highly profitable, but when I asked for proof, she never provided any.