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28 April 2020 | 14 replies
After that I refinanced and have used the capital to acquire a total of 38 doors year to date.
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25 April 2020 | 15 replies
There may be fire sales at some unknown date in the future, but if I find a deal that works for my numbers RIGHT NOW, I'll take that over what may or may not happen 1, 2, or 150 years from now.
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26 April 2020 | 7 replies
Also a little dated and he may have new recommendations now, but I'm sure these are still valid.
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10 May 2020 | 21 replies
Reconciling four different utilities (elec/water/gas/internet) whose bills arrive at four different times and pro-rating all that for different move-in/out dates is a real drag, as is collecting small amounts from multiple housemates.
25 April 2020 | 2 replies
Two reasons to refinance your HELOCs is the 10 year maturity date and the adjustable rate.
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27 April 2020 | 11 replies
For example if it's wood frame, plaster and lathe, original cast iron plumbing, dated electrical... hard pass, that will be a major money pit.
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27 April 2020 | 9 replies
Is that date still in effect?
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29 April 2020 | 3 replies
Is there data supporting a date to sell prior to major expenditures that would maximize returns on a rental and selling price?
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29 April 2020 | 13 replies
If you've reached the closing date and the buyer didn't buy, that should be a legally dead contract and you can re-list and move on.
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6 May 2020 | 10 replies
Typical due diligence jargon for multifamily properties includes: - T-12 (Trailing 12 months) Includes the last 12 months of operating expenses & typically any renovations they’ve done to the property - Rent Roll includes all current tenants, lease renewal dates, vacant units, rent owed for each unit, rent collected or not, security deposit info, etc. - OM (Offering Memorandum) The broker will have the OM only if the property is on the market.