Anyone have a assignment contract template of sorts that will work in the state of Nebraska or any state legal use?

Your time holding the property and also not reusing that capital is another big issue that you need to look at too due to putting it back to use.. 

the seller has to not need the cash up front to buy another property (or use it for anything else). 

Dive in, ask questions, and share your insights—we can’t wait to see where this journey takes you!

I came across this amazing community through the BiggerPockets podcasts.

I want to know if this type of business qualifies as a “real estate professional” status.

The numbers are normalized to the ARV and the math doesn’t care.Lastly, if you are not borrowing your costs, or can somehow avoid sales commissions, then of course you can pay more, and you can’t use this rule of thumb.

We don’t have a clause in our contract to account for this, and we have been actively looking for new renters with no luck so far.

Curious to get some tips from folks that have a larger portfolio (say 50+ units or larger) across multiple MF buildings (so different acquisition dates, financing, etc.) and what software you use?

Every day, the Chemical Plants (Dow, Shintech, etc.) and residential neighborhoods that surround the site of this location provide a high traffic count.A great opportunity exists for a tenant that is willing to market their business to travelers of Hwy. 1, the residents in the surrounding neighborhoods, and neighboring communities.How did you find this deal and how did you negotiate it?