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8 March 2024 | 21 replies
I'll reach out to connect you. looks like a great read Ill add it to my list
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8 March 2024 | 13 replies
I would have to assume there is power and water (either municipal or well) in addition.
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6 March 2024 | 8 replies
cloa...Note should include a provision similar to the following:FOR VALUE RECEIVED, I, [Borrower name] (hereinafter known as “Borrower”), promise to pay to the order of [Trustee/trust, payment address] (hereinafter known as “Lender”) the sum of Fifty-Two Thousand and 00/100 Dollars ($52,000.00), with interest from the date hereof until paid at the rate of Six percent (6%) per annum on the unpaid balance, payable as follows: Commencing on April 1, 2024, and continuing on the 1st day of each and every month thereafter principal and interest payments of $577.31, with the entire remaining unpaid balance of principal and interest, if not sooner paid, being due and payable in full on or before March 1, 2034 (the "maturity date").Record a first priority security instrument (mortgage or deed of trust).
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7 March 2024 | 7 replies
But I’m thinking in order to use passive losses from other entities (multi family, SFR’s, etc) I would also have to show material participation in those activities in addition to the REPS, is that accurate?
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7 March 2024 | 29 replies
A common question we receive from our investors is what do properties marketed as Class A, Class B and Class C mean, and why does it matter?
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7 March 2024 | 2 replies
Seller agreed to knock down an additional $10g off the asking price Lessons learned?
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8 March 2024 | 8 replies
We ran over schedule, went over budget , I paid additional carrying costs every month, and learned about significant issues later than I should have.
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7 March 2024 | 11 replies
I agree with you that it would be best to have both the company on the lease in addition to the tenant, we're just having a difficult time figuring out how to do that because of the language on our lease- It just used the word "tenant", so we're not sure how to clarify one party is financially responsible, while the other party will actually be residing there (tenant)-
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8 March 2024 | 12 replies
I have ran comps and its a 37K difference between a 3bdrm 2ba and a 4brm 2ba which has my brain thinking if i should add an additional bedroom to the property. the renos for both would be roughly 10k.
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7 March 2024 | 0 replies
We have equity in both properties and need help figuring out the best way to leverage that equity into additional properties.