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30 September 2021 | 1 reply
If those are high #1 wins?
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2 October 2021 | 10 replies
I'd call that a win.
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18 October 2021 | 48 replies
During this Pandemic in California Governor Newsome has had California pay up to $10,000 of past rents for Tenants as a grant but also directly to landlords. in this scenario, the landlords had to agree not to evict the tenants who had Pandemic-related hardships. it's a win-win for both the Tenant and landlord when we work together with the State.
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30 November 2021 | 4 replies
That seems like a win, but is maybe not allowed.
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1 October 2021 | 4 replies
It could be a win win!
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6 October 2021 | 10 replies
I bet if you search for it you will find that thread and he could be a great resource.
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1 October 2021 | 3 replies
@Cory Mallow If the business is a going concern, he should contact a business broker and sell the business and its assets.I'd bet that like the rest of the world (especially those in the hospitality sector), he took a hit in 2020 - 2021, but look at his 2018 - 2019 P&Ls and tax returns.
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7 October 2021 | 13 replies
Rest due at closing) You can look at it anyway you want, but while you're looking, don't miss these financial facts:1- Cost to you = $63,6802 - Profit = $20,0003 - Remaining Cost not recovered = $43,680 (you don't make a profit until you recover all your costs, so the $20k "profit" in Item #1 isn't a profit...unless you think going to Vegas with $10k in cash, increasing your cash to $15k, then losing $30k is somehow winning $5k)4 - If, as mentioned above, you can get $350/month ($4200/yr) in rent...which if you were breaking even before, you would now be cash flowing $4300/year.5 - Unfortunately, that means it will still take you 10+ years (all being perfect) to recover the rest of your cost.6 - Still not a good deal...at all.
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1 October 2021 | 2 replies
This is likely your best bet assuming that seller financing is a thing in the UK.I randomly have a UK lender connection.
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3 October 2021 | 2 replies
I think you have a real win-win situation here.