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7 March 2024 | 11 replies
The lease we have isn't really written to accommodate this scenario- It has lines for the "tenant" to sign, but of course the company who's paying for it won't actually be the tenant/won't be living there.
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8 March 2024 | 13 replies
One lender I had said they will send an inspector to confirm completed work, but never actually did.All of my lenders did require me to start with my own capital for the rehabs costs, and then reimbursed 80% of those costs, so I was effectively always 20% equity, if not more, in the deal.
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6 March 2024 | 9 replies
While a cap rate will give you a general idea of what the market is willing to pay, that a) doesn't make it necessarily worth that to you and b) doesn't mean the seller will accept that price.But the bigger piece is knowing what your return threshold is.
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6 March 2024 | 2 replies
It’s hard to actually cut someone’s pay.
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7 March 2024 | 8 replies
Two are actually sec qualified offerings and also no replies from the secIt’s unfortunate that it appears there are a lot of bad actors who will get away with it.
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6 March 2024 | 7 replies
So, I eventually sold for cash to an investor who moved the home I was selling out of the park and onto their piece of land.
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7 March 2024 | 4 replies
I actually like how my lawyer has things set up.
7 March 2024 | 14 replies
@Jay HinrichsAn unusually high number of “gurus” had actually previously declared bankruptcy when their real estate “programs” , almost always highly leveraged, went bust.
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8 March 2024 | 9 replies
You can end this by showing them an actual utility bill.
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6 March 2024 | 17 replies
Update: We have been able to make some progress on the property, actually almost complete & ready to be rented.