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23 March 2016 | 20 replies
Umbrella with each one in an individual LLC, perhaps?
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1 March 2016 | 47 replies
Another person considers taking someone's security deposit not to actually use it for repairs, just on a matter of their own individual morals, as a way of teaching them a lesson.I know who I'd rather do business with.Anyways, hope OP doesn't end up in court due to a lawsuit over this, or in court over mishandling the marijuana that they possessed after their tenant left.
29 February 2016 | 5 replies
I was wondering if anyone can tell me when the REIC meet times are, and where in the west Michigan area (Grand Rapids, Muskegon) as I'm looking to connect with like minded individuals who's been in the game a while and can help me get off on the right foot.
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1 March 2016 | 15 replies
A Flipper aka house flipper, is an individual whose niche in REI is acquiring property of his/her desire with the intent of not occupying the property, rather creating equity/value in the property, subsequently selling the improved property for material gain; i.e. selling the property for more than it cost to acquire said property + improvement, thus creating profit upon sale of said property.
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1 March 2016 | 12 replies
Who you are, what you do, and how you can help that individual.
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7 March 2016 | 14 replies
Low and behold, we came across a unique situation this week (2 houses, 1 parcel) and it could be a fit.
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29 February 2016 | 3 replies
I would really appreciate it if you could provide some insight with regards to the following scenario.In year one GP has 20% equity and Limited Partners A,B,C,D have the following interest in the property's equity.A: 20%B: 20%C: 30%D: 10%If the operating agreement states that after payback of principal the equity split will convert into 50/50 would the Limited Partner's individual interest compress equally?
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1 March 2016 | 3 replies
@Nabeel Mahmud I rent directly to companies both for profit and non profits that provide care for individuals with special needs.
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1 March 2016 | 20 replies
Unfortunately, my only experience with them has been a few walk through units and asking about them as they were rather unique.
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1 March 2016 | 5 replies
Plan for 10% vacancy, maintenance, higher taxes, insurance, cap ex to renovate, reserves, management fee 10%, utilities unless individual metered.