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19 October 2020 | 10 replies
I'm afraid to look seriously do to my emotions getting involved and not allow me to look at a deal with clarity.
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19 October 2020 | 3 replies
As soon as that renovated property was rented I purchased a 3rd duplex witch didn’t have separate utilities.
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26 February 2021 | 61 replies
With all this stress they've caused, maybe you need an emotional support tiger.
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20 October 2020 | 5 replies
Etc, etc, etcYou should at least find out who he is and run a back ground check.In addition, you would have to evict him separately from you tenant if it ever came to that.
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23 October 2020 | 5 replies
We don't know much of anything about the ex financially or emotionally.
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24 October 2020 | 7 replies
Keep your books straight from day 1 - saving receipts, opening up new accounts per property, getting a business cc to keep costs separate.
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26 October 2020 | 8 replies
But, we're emotional attached to this property so not interested in Airbnb or renting it....
20 October 2020 | 3 replies
The LLC, being a legal entity, has to be operated separate from yourself and not as your alter-ego.
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20 October 2020 | 10 replies
I'm sure nothing new for local appraisers, would be interested how they end up pulling comps/valuing it (ex. will they value it as two separate houses, one big house, etc) Best of luck with the appraisal and the refi!!
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10 November 2020 | 5 replies
Some DSTs contain many (I've seen up to 20 separate properties) properties in a single Trust.Due diligence should include, ground-up property information (current occupancy rate, current rent, etc...), geographic considerations (population in the 3 and 5 mile, population growth, rent, occupancy, and cap rate comps, crime statistics, traffic count), sponsor/general partner track record and expertise, asset class considerations (it is possible to invest in an asset class with a small amount of equity that you may have no experience in), master lease, exit strategy (you do not get to control the exit, the general sponsor will trigger the exit based on their goals and objectives).The other thing to consider is that sponsors will sell equity on a first come first serve basis.