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19 July 2024 | 19 replies
I'm assuming you have a hot tub and game room (pool table, large screen tvs, arcade games).
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22 July 2024 | 28 replies
Since I am self employed, I was hoping they have a pool of lenders catering to Self employed.
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19 July 2024 | 19 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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18 July 2024 | 2 replies
Specifically the pool inspections as well as the patio inspections were incomplete.
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19 July 2024 | 5 replies
Hi everyone, I am looking to improve my knowledge about multifamily investing (specifically syndications or pooled funds).
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22 July 2024 | 34 replies
Maybe a more cunning way to move forward would be to own a motel, maybe with a very experienced motel business partner.Or maybe a Pool Hall, or an LP in a new waterpark, or something like that.I've seen hard times crush men, and I've seen hard times make men refused to be crushed and come back X a ton.It's all in the mind and the will to keep fighting.Many in here have given possible ways forward.It would seem wise to focus on building up a pile of cash again.Talk to your tax consultant about the specifics of your situation too.....Good Luck!
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19 July 2024 | 4 replies
If the new buyer defaults on payments or otherwise breaches the terms of the mortgage, it could impact your credit and financial situation.Market Demand: Consider the market demand and potential buyer pool for properties sold under subject-to arrangements.
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19 July 2024 | 5 replies
The other pool of tenants: One is a couple relocating to area high income earnerOne is interested in renting as a "personal care home for 4 residents"One roommates working in the area with the same company needing housing for next yearI just need some guidance.
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19 July 2024 | 16 replies
It is accurate that Hilton MGT. only allows owners to use the unit for 21-days/yr, while the rest of the 344 days, it will be generating income for you.The Hilton Convention Center and Branson Landing Condos offer benefits like garage parking, close proximity to restaurants and attractions, and beautiful locations, some units with lake views.Monthly dues are $300+/ mo. and those dues include things like:Building InsuranceCommon Area MaintenanceSwimming Pool & Exercise RoomLawn Care / LandscapingSecurity ServiceTrash ServiceWhat makes these deals so difficult to pencil out is their management fee of 50%, which is significantly higher than the typical range of 15% to 40% in Branson.
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18 July 2024 | 7 replies
Typically these will have some amenities like a pool, lake or are near a national park, etc and will attract people for longer stays 3-7 days.