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3 April 2024 | 5 replies
That means if you've got a manager that charges you $100 to make one-off visits to change a light switch cover, authorizes repairs beyond what your contract says, and so on, you need to be cognizant of perhaps finding another manager.The whole beauty of having a PM is not having to do it yourself.
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5 April 2024 | 5 replies
He does well as there are many reasons that people want to be close to downtown outside of the sports games.
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4 April 2024 | 10 replies
For example, what happens if you identify a property and then cannot close on it due to inspection issues or other related problems?
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6 April 2024 | 19 replies
Those developers pray long enough while building out the building that the tenant will open and they can sell it off before taking a bath on it.The small to medium franchisees eventually if the have trouble get bought out by a Private Equity group that runs them like sh*t and makes their money back and sucks any remaining profit dry before they close or ask landlord for rent reduction.That's what 20 years experience teaches you versus buyers just looking at a cap rate thinking something is a good deal.
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4 April 2024 | 1 reply
this is me and my partners 1st deal we got 14 days to find a buyer/ or find another exit strategy.My question is, how can me and my partner work with a private lender to get this deal closed if our buyers we made contact with are not serious about closing but we know there is money to be made in the deal!?
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5 April 2024 | 5 replies
These are mostly 6-month interest-only loans with 2 points up paid at closing.
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4 April 2024 | 11 replies
if they dont require money down.. then you still have to have EM and closing costs IE title escrow points.. and then normally they will also make you front the draws and get reimbursed.
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4 April 2024 | 32 replies
This is nothing close to being some anomaly.
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3 April 2024 | 17 replies
Teaching has the main benefit of summers off, not the pay, so savings is light, but time in the summer is there.Find local meetups and go to at least one a month and don't try to find out how to do a deal, you aren't ready, find out why you want to do a deal.
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4 April 2024 | 0 replies
I can’t change the deed since it’s a private lender and we just closed last week.