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10 July 2012 | 7 replies
They say that they are giving you a clear title.
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21 June 2012 | 43 replies
The "official news" says prices haven't gone up but you can clearly see prices are much higher in certain areas like Phoenix ,etc.
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5 February 2019 | 20 replies
Yes that's something I didn't exactly make clear Will Barnard.
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4 June 2012 | 5 replies
Make it clear that as much as you would value your tenants you are also running a business.
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6 June 2012 | 2 replies
BiggerPockets is clearly a great resource for real estate investors with any strategy and of any experience level.BACKGROUND:I graduated with my B.B.A. in Finance at 19 years old and was fortunate enough to find a decent paying job right out of school as a business analyst.While pursuing my degree, I interned at two small real estate investment partnerships.
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11 June 2012 | 13 replies
It's really a privacy thing so people can't do a simple google search and find out you own 50 properties free and clear.
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7 March 2013 | 20 replies
Make sure you disclose clearly to the buyers that the note can be called, and they know their risk.
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14 March 2014 | 6 replies
John,You do not need all of that.What you need is a good commercial broker with a network of good lenders,title,etc.Each one of those types of assets of triple net you mentioned have their own finance structures.For example a pharmacy you can get in with 5% down and non-recourse with a 25 year term and amort.There are no rent bumps in almost all cases until the option period kicks in and it is minimal.Pharmacies are more like an annuity that you will own free and clear after 25 years throwing off good cash flow when it's paid off but being next to zero cash flow during the term..Until then you get depreciation.The lenders will usually go to DSCR of 1.01.With restaurants most are recourse unless investment grade and the lenders want a DSCR of 1.25 to 1.30.With restaurants you typically achieve rent bumps of 1.5 to 2 percent annually but because of DSCR are putting down 20 to 25% of LTV.How much money do you have today so far??
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9 July 2012 | 2 replies
If your seller can't give clear title as agreed you can certainly move on.Looks like I have more questions than answers....Where are the greatest profits in all of this and what's the time line to get there, just considering.....Good luck
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10 July 2012 | 8 replies
Property is free and clear... you would do a subject to agreement with her.. if she does.. do you keep the property and dont have to make the payments anymore?