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29 October 2011 | 2 replies
Get a lifetime warranty if possible and only use a company who has long history (good history of course) so that you can have a better chance of a lifetime warranty being honored.Ultimately, anything can be fixed if you throw enough money at it.
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25 November 2011 | 27 replies
If the s-corp secures a loan from me for the purchase, would it limit the exposure if sued?
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8 November 2011 | 18 replies
Can a judge throw out the iPad lease saying that it's not a proper legal document?
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5 November 2011 | 8 replies
Other than the tenant loosing the hardware to secure their own flat panel, do you see any issues with a permanent flat panel mount in a rental of this type?
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2 August 2012 | 25 replies
I like to keep my skills up by negotiating on EVERYTHING, I will go into a Mcdonalds and get them to throw extra food in just by asking.
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18 November 2011 | 2 replies
Typically you see more of these secured by commercial property as opposed to residential.
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1 November 2011 | 4 replies
ok so I have a property under contract and I have and end buyer what contract do I use to get the end buyer locked up. and will this contract be the same if i want to assign it or quit claim it. any info would greatly help me I want to secure a deposit and I need to know how to handle this and seem professional in doing so. thanks you guys are great and have helped me so much already
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5 January 2012 | 11 replies
Don't give short shrift to the tax situation, they can have a profound economic impact on your investments.I throw this out because folks often come on here with VERY basic tax questions.
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5 November 2011 | 5 replies
Yes Tony a TRUE Triple Net the landlord will not pay those costs.Lately net lease companies especially credit rated tenants have been more demanding in trying to get the landlord to cover some costs.It is very important to look at the length of the lease and terms and escalations.With inflation if the rent increases every 5 years is marginal and they want you to take care of certain items with the property it can drastically reduce your returns.It's all about what returns you are seeking versus the security and consistency of the payment.Generally triple net will hover around the 6 to 9 CAP range but will not approach the teens in most situations.For those kind of returns you have to usually chase after value add deals but they are much more work than mail box money from a credit tenant.Credit tenants have risk which is why you also research heavily the health of the tenant today you are acquiring the lease and their growth plans for the future along with reserves.
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4 November 2011 | 7 replies
However, they only paid $600/mo. at their last place so I'm not sure if they will be able to keep this up.Then one of the two remaining tenants sent me an email hinting indirectly about what would happen to the security deposit if they had to move out before the end of the lease.I am thinking of two options:1) telling them I will let them out of the lease early if they stay at least until January 1st (so I don't have to deal with the holiday vacancy problem) and stay current on the rent until then, and I will give them back the deposit if the place is in broom clean, undamaged condition, as per the lease.2) lower the rent to $800 to keep them there (I haven't had any real issues with the two remaining people, and they are taking good care of the place).