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29 November 2015 | 42 replies
He was mentioned (highly favorable) in Will Barnard's podcast.
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16 October 2013 | 10 replies
@Shem Johnson - It is good to hear that your REIA is sharing the love . . . we do our part to help people connect with the good real estate clubs out there and I appreciate when the favor is returned!
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4 April 2014 | 82 replies
A tenant is technically on the hook for the length of the lease if they decide to leave early, but I always feel that a problem tenant that leaves early is doing me a favor and keeping the security deposit is good enough.And I've read sections of my lease to tenants, and had them flat-out deny what it says.
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30 April 2014 | 25 replies
I am very interested in real estate and home renovations and I have the resources at my fingertips to get the renovations completed.Also, on another subject, what would you say is an 'average' acceptable/favorable return on investment percentage for a flip under $400k in California?
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21 October 2013 | 34 replies
I favor a combination of JV with the land owner &/or Seller Carry Back 1st with a subordination agreement.
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10 October 2013 | 3 replies
The PPM was overtly favorable to the "insiders" to steamroll the smaller investors & dilute their equity position. 4) Check to see what the provisions are to change operators or managers if things go south.
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11 October 2013 | 25 replies
ideally, the lender and the borrower both need to win.I don't like balloons and tend to favor a call provision instead as a lender and a borrower.
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15 October 2013 | 4 replies
A CFD is a financing arrangement with a security interest in the property.You may have to foreclose you can't get a quit claim deed at time of the agreement as in the old days, so I suggest you do a note and deed of trust that allows a non-judicial process, otherwise you may need to go to court.A note and DOT also makes insurance and taxes easier.I see the old CFDs falling out of favor, especially for a sold property without an underlying mortgage.A CFD may be more appropriate for a property that has a bank loan existing, but a sub-2 would be more favorable.
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15 October 2013 | 26 replies
If the borrower has no equity, due to its termination, there is no grounds to favor the borrower, I would think.
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14 October 2013 | 5 replies
Still considered green on the site, but was I'm hoping some of you would be willing to help me with introductions to investors specializing whole selling in the Chicago area.Hope to return the favor in the future!