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17 January 2020 | 6 replies
Do not re-lease if you plan to sell the home to a retail buyer unless your house-hack is a true multi-unit property - duplex, triplex, etc.
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8 May 2018 | 8 replies
Three years ago, I was seeking a place to open a retail store.
16 June 2018 | 7 replies
Starting as a systems engineer in a large, international corporation I eventually found my way into architecture (which felt like my calling) and eventually into an MBA program for a shiny Product Management opportunity coming up.At the same time I learned what my 401k really was (and wasn't) my company had a massive reduction where I watched hundreds of people lose...well, everything.
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7 July 2018 | 5 replies
I go in mid deal and get a paltry 10k to 15k consulting fee while they make 6 figures for the same work.I usually mention they can get a commercial attorney and pay them to help them out of their situation.When a broker has built a successful model of doing things a certain way it can be a bad idea to change and lose focus.I also have clients ask If I manage property and I decline that, along with finding retail tenants to execute leases, being a fee developer on construction projects for owners or raw land,etc.I stay focused on transacting existing properties with income and then syndicating my own deals as a sponsor where if I am doing a ton of value add work I will be rewarded handsomely for it and not just getting a small commission.You can always ask your agent friend but this is just how I would see it but everyone is different.
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16 April 2020 | 9 replies
This means underwriting for Turnkey Rental, FixNRent, FixNFlip, Portfolio/Consolidation Loans or CashOut Refinance for both investment residential property (i.e single family, 1-4 unit) and commercial property (i.e. strip mall, retail buildings, 5+ units apartments, office buildings, warehouses etc).Financing can range from as little as $45K to $5M (non-SBA) loans.
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6 July 2022 | 29 replies
The solution was there were several wholesalers that still had some pretty good buys off market.In todays market, there are not in my opinion much in the way of great buys on the MLS or off market as even the wholesalers are bringing me "deals" at retail prices.
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10 October 2022 | 14 replies
It has grown in appreciation massively in the past two years though (as has a lot of big cities).Here's an example of Sacramento's growth: "The current metro area population of Sacramento in 2022 is 2,186,000, a 1.44% increase from 2021.
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12 August 2021 | 8 replies
So those sitting and waiting for this massive foreclosure correction might not see that.What I personally think is for sure there is pent up foreclosures that would happen in a normal cycle in any normal year.those got delayed a year so there will be more foreclosures through the pipeline once those start to hit than in a normal year but its just foreclosure pipeline catch up.
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15 April 2022 | 23 replies
BP,I have a massive multifamily deal on the table that I very badly want to get done.
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2 December 2021 | 4 replies
It's not really feasible for them to sell them one at a time on the open market.https://www.wsj.com/articles/z...The ones currently listed will go retail.