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27 November 2024 | 2 replies
Hi Alex - There is a different things to consider when involving international investors.
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1 December 2024 | 134 replies
So, as Kristine pointed out, it’s crucial that people are made aware of the risks involved.
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26 November 2024 | 25 replies
The biggest issue is most of these "gurus" that get new wholesalers involved teach them to be deceptive when they approach realtors.
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25 November 2024 | 8 replies
From what I've read, some electric providers might not charge for the new service upgrade itself, but adding the meters, connecting the upgraded service and adding/updating panels would require an electrician, which would incur costs.If anyone has experience with this type of electrical service upgrade, particularly in Chicago, I would appreciate your advice and any information on costs and the process involved.
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26 November 2024 | 22 replies
At the risk of being proven wrong, I find it hard to believe that the Department of Homeland Security is involved in investing a failed real estate investment.
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27 November 2024 | 7 replies
To be clear, the potential guest involved wanted to walk through the rental prior to booking it.
26 November 2024 | 5 replies
. - Are u sure there was a 1031 involved?
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28 November 2024 | 10 replies
Higher Fees and Costs: Cross collateral loans may come with additional fees, such as appraisal costs for each property involved, which can increase the overall cost of borrowing.In conclusion, while cross collateral loans can provide valuable opportunities for accessing larger amounts of financing and potential cost savings, they also come with considerable risks and complexities that borrowers must carefully consider.
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26 November 2024 | 2 replies
Hey @Devon Moore not sure where or why you'd lean towards a land lease unless that's standard for this developer.In my experience its difficult to capitalize deals with ground leases involved.
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26 November 2024 | 17 replies
My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.