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30 November 2015 | 16 replies
My 3 cents worth adjusted for inflation.
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27 November 2015 | 24 replies
They don't even have the same credentials as an adjuster, much less a GC.
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30 November 2015 | 7 replies
Check your rents versus what the market is charging on a site like www.rentometer.com and make adjustments, if you can, over time to account for usage.
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3 December 2015 | 10 replies
There are cities that probably cash flow better, are a bit more affordable than another but if you look at the data, the migration of people, company and jobs to southern and warmer climates continues unabated.
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29 November 2015 | 13 replies
You acknowledge that it is necessary for you to maintain appropriate climate control, keep your dwelling unit clean, and take necessary measures to retard and prevent mold from accumulating in the dwelling unit.
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21 January 2016 | 5 replies
Here are some details of property:- not listed, owner called me off direct mail campaign- 260 units in 5 buildings no climate control and 70% occupied (unverified)- owner has price in head of $1,350,000, probably from a broker- owner brought up seller financing in talks- I should receive financials this week from accountant- property is free and clear- agent for Penske truck rental - only one in 10 mile radius - paved, fenced, and has security system (unverified)- house/office in front of facility with 2 employees - 1 is live in managerThanks in advance for your input.
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1 December 2015 | 16 replies
Also if there are any accountants/CPAs out there willing to assist with tax preparation, I am in need of someone to help with business taxes and maximizing expenses/adjustments and minimizing tax requirements.
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1 December 2015 | 5 replies
@Chad BenedictThat is another reason I like this property; there is room for adjustments.
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2 December 2015 | 8 replies
And those are the types of houses that are extremely difficult to get the discounts most investors need to make the numbers work.So, for me, I think those are the issues I'm seeing with your proposed model and possibly why you're seeing the cash flow numbers not looking so good. 1) You're looking for stuff too new and too nice that you won't be able to get the discounts most investors need.2) Without the discounts, it makes it really tough to cash flow right.What I would say is you either need to adjust your model or get creative in finding the discounts.
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1 December 2015 | 2 replies
The (+/-10%) is an adjustment for the condition of the property.