22 July 2024 | 13 replies
Buyers get spooked easily, plus every year the process gets more complicated with financing, appraisal and inspection issues (which can vary from lender to lender) that could be easily overcome threatening to crash deals without someone experienced in there herding all the "cats" (lol- elements) in the deal to a successful close of escrow.Also most of those comps you are seeing-maybe even all of them- have had a commission and some fees paid by the seller, and the appraisors are aware of that.I hope your home sale goes smoothly.
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21 July 2024 | 2 replies
The transaction was a little complicated because the buyer was a group formed by an investor owning a 40% interest in the subject property (my partner and I were the managing partners of the current owner entity and 60% owners.
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18 July 2024 | 6 replies
They require unnecessary details, such as pictures and details of the applicants' vehicles, which push potential tenants away.Adding to the frustration, their onboarding team has been incredibly rude and unhelpful.
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21 July 2024 | 54 replies
@Jarrett HarrisYou may be taking unnecessary personal risk by approaching your tenant that way.
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21 July 2024 | 4 replies
From air rights to zoning laws, it can get complicated but I believe with the right team of people, it’s possible to create opportunities where others didn’t see or gave up soon.
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22 July 2024 | 17 replies
This will "free up conventional space" sure sounds a lot less complicated then your next response on how to "really" do it.
20 July 2024 | 4 replies
I was thinking maybe we could set up a ACH auto withdrawal from her bank or unemployment card to ensure the rent, any thoughts or complications with that?
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20 July 2024 | 2 replies
In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.
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20 July 2024 | 4 replies
Any attempt to transfer the property without understanding these terms could result in complications, including the acceleration of your loan repayment.In conclusion, while transferring a VA loan to an LLC for asset protection is generally not feasible, there are several strategies you can explore.All the best,KC
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21 July 2024 | 11 replies
This complicates the valuation regardless if via comps as you indicated or via noi and cap rates.