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12 July 2024 | 10 replies
With rates higher, the seller was more inclined to take less than listing price and was willing to provide additional seller credits.
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9 July 2024 | 21 replies
Also, since we did the clean out ourselves can I charge market prices for a clean out?
11 July 2024 | 1 reply
We cant agree on a price or terms yet.
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11 July 2024 | 1 reply
Sale-Leasebacks have inherent challenges because the tenant/seller is incentivized to market the property in such a way they get they price they want, but if the entity who signs the lease is weak and there's no personal guarantor, they could stop paying rent the day after you close leaving you high and dry with very little legal remedy.I don't know your market, but in my eyes, any 10% cap offering is either an extremely weak tenant OR a tenant that has very little term remaining with no plans to renew.If I were, you I would very seriously consider how much I like the real estate and what my odds would be of refilling the real estate with the same or better rent and/or a better credit tenant once this tenant goes belly up.
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10 July 2024 | 2 replies
Noelle,I am a NJ landlord/tenant attorney, and based on the information provided, it seems that moving forward on both grounds for eviction, non-payment of rent, and owner-occupied would be the appropriate move.
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11 July 2024 | 5 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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11 July 2024 | 0 replies
Purchase price: $580,000 Cash invested: $75,000 Townhome in the highly desierd Rosemont area.
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10 July 2024 | 0 replies
Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex on Indian Rocks Beach FL.
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8 July 2024 | 6 replies
I am trying to decide if i want to move forward with this house?