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24 May 2021 | 3 replies
This is one of the ways we all learn is by asking questions.The 6 month seasoning period is very common.
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25 May 2021 | 3 replies
A general valuation formula many in the industry use is: # of economically occupied lots * monthly lot rent * 70% (assuming 30% of income goes to expenses, common for parks on city utilities) * 12 (months in a year) / desired cap rateFor this park at a 10 CAP (many parts go for lower cap rates now, but small parks might still go for a 10 CAP), that makes: 21*298*.7*12/.10 = $526K .
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24 May 2021 | 3 replies
Is it possible to also write off the other common deductions (PMI, interest, depreciation) while living here?
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12 July 2021 | 2 replies
Some people like the 1 LLC per property since its common to name the LLC the street address for the property.
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24 May 2021 | 3 replies
506(b) is quite common if you have a preexisting relationship with investors and do not need or want to publicly advertise. $150-250k is a pretty small raise for a syndication, though.
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16 June 2021 | 7 replies
The most common portfolio style loan in Texas is a 20 year adjustable rate loan.
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25 May 2021 | 7 replies
Is it common to just put the rates up to what you wish on buying the property.
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26 May 2021 | 5 replies
Does each family member own an undivided interest as tenants-in-common in the property or is it owned inside of an LLC or other entity?
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2 June 2021 | 13 replies
In regards to inflation in your commercial leases, there is a clause that is commonly used called "Indexed Escalation."
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25 May 2021 | 0 replies
Does anyone here know what are the common problems that a host has to expect in doing Airbnb hosting?