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2 January 2016 | 9 replies
I'm ready to get things things up and performing and I was curious if anyone out there doing corporate rentals could share some inside tips and tricks on how to get your units filled up.
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30 December 2015 | 10 replies
Then come to find out the owner was responsible for substandard repairs, performed by unlicensed, unqualified people that caused or contributed to her injury.
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30 December 2015 | 5 replies
Basically a person has a 1st or 2nd that they need help with, whether it be performing or non-performing, and instead of foreclosing on the loan the original lender is willing to take a cash payment at a fraction of the original loan.
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23 January 2016 | 15 replies
Finding small multifamily properties that perform at a 9-10 Cap is totally doable, especially if you are able to identify solid value-add deals.
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1 January 2016 | 1 reply
Get all of the documents, and see how they all have performed collectively.
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9 January 2016 | 3 replies
I just was wondering if anyone had advice on performing house hacking in the big city.
2 January 2016 | 3 replies
Their only option is to foreclose on the asset or do a workout with a borrower to get performing again.When someone has a full personal recourse loan guarantee against them and assets to go after lenders will bend the loan criteria a little.
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4 January 2016 | 17 replies
You will want to check local law, but in my jurisdiction an UNLICENSED person CAN do the following: Delivering a lease application, a lease, or any amendment thereof to any person;Receiving a lease application, lease, or amendment thereof, a security deposit, rental payment, or any related payment for delivery to and made payable to the real estate firm or owner;Showing a rental unit to any person, or executing leases or rental agreements, and the employee or retainee is acting under the direct instruction of the owner or designated or managing brokerProviding information about a rental unit, a lease, an application for lease, or a security deposit and rental amounts to any prospective tenant; orAssisting in the performance of property management functions by carrying out administrative, clerical, financial, or maintenance tasks.The key is in how the money is handled.
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7 January 2016 | 13 replies
.- Performance can be a real problem.
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2 January 2016 | 9 replies
The analysis needs these items, learn the terms and you can save the $59 bucks:purchase price (PP)down payment (DP) derived financed amount (FA)all numbers are annualized, rents for the whole year are GSIGSINOI (just gsi less expenses)DSCR (debt service coverage ratio) = NOI / mortgage*12cash-on-cash: NOI / down payment [how well your cash is performing]cap-rate: NOI / PP [ how well this property generates cash]for an all cash sale, the DP = PP, cash-on-cash will become the cap-rate.