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30 April 2019 | 3 replies
Also, last time I checked my brokerage charged a $300 annual fee to have the account owned by an LLC, so you'll probably want to look into that as well.Trusts generally are a better vehicle unless you're trying to pool capital to meet minimums.
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30 July 2019 | 5 replies
His first sub that was in charge of the property just stopped working at some point and a new one had to be brought on.
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20 November 2015 | 9 replies
But he forgot again, and I bounced two checks and was charged $75 in fees.We have a verbal month-to-month lease and have never discussed late payment penalties because we have never had to.It's my bad because I shouldn't have written checks assuming I had his funds.
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30 November 2015 | 8 replies
Always charge extra for pets as they tend to cause damage to floor g and baseboards.
21 November 2015 | 9 replies
@Epi Villarreal private money loan .. or a loan from a formal HML company.Most private folks don't charge a fee for an app.. most lenders only charge for apprasial and credit report.. those that charge on top of those are generally just looking for easy peasy revenue.. you send 550 in and they may or may not do loan but they are ahead 550
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20 November 2015 | 0 replies
1.We have a buyer2.The buyer wants to buy 1,000 barrels/day in existing production3.Purchase price is $30M4.Our bank will lend 67% or $20M5.We have a Mezz funding source who will deposit the balance of the purchase price of $10M directly into our lending bank6.The Mezz wants to get paid off in 12 months with a 30% profit, so he wants $13M in 12 months7.The whole key to this deal is that the Mezz needs a Forward Takeout Commitment from a legitimate bank or life insurance company for the $13MFour questions, please:1)Can you provide a Forward Takeout Commitment for this situation2)I understand from the information that Gordon sent me that this type of letter costs 1 – 2 points and that is fine3)Will your takeout commitment provider charge anything to underwrite this deal and let us know if they are willing to issue a takeout commitment4)We are working on oil production deals in both the continental USA as well as Canada – are both locations acceptable to your takeout commitment providerI am really hopeful that the answer to 3) is no, because if it is, then we will put a solid production deal in front of you.Let me know – many thanksps.We are also developing several SFR /Modular Dev in Austin TX. (2016).
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25 November 2015 | 7 replies
I have a four family with 2br apartments charging on the higher end, every time people come to look at it they want it but the traffic is not as high as I thought it would be.
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22 November 2015 | 13 replies
Is this something they charge for the service for people that aren't regular investors?
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23 November 2015 | 6 replies
If you find a distressed property, noting says you can't charge a 10% commission or a flat dollar amount, simply explain it's a tough property to move and that it requires more work.
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24 November 2015 | 16 replies
What should I charge for monthly rent?