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31 March 2020 | 55 replies
I'd start by reviewing MLS search results (which are more accurate than Zillow).
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4 May 2020 | 16 replies
Most of the units are renting for $350 a month and after reviewing the financials the property owner is very upside down on all of them.
14 March 2020 | 5 replies
@Gabriel LopezI can’t remember the names of the packages but I took the one that included chapter review quizzes and a study guide.
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23 March 2020 | 15 replies
I have been doing my due diligence and have mix reviews so I thought I would ask the very smart people on BiggerPockets for advise/insight.
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13 March 2020 | 10 replies
. ~ I'll be speak with local Section 8 authority and review finances with banks or hard money lenders before I dive in.
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16 March 2020 | 18 replies
But that's another subject.Definitely important to review due on sales clauses.
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12 March 2020 | 1 reply
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16 March 2020 | 2 replies
Review their websites. 4) give a few a call and discuss their process and requirements. 5) plan, model a deal, and get back in touch to stress test it. 6) if it’s of interest to most of them, refine it and then pitch a number of lenders.
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17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .
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14 March 2020 | 2 replies
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Need some feedback on this one. I'm making a couple assumptions here.
I don't norma...