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18 March 2024 | 5 replies
There are so many ways a syndicator can "add risk" to the deal in order to hit a marketable return for LPs, that any LP really needs to understand the ins and outs of real estate operations, market cycles, financing structures, fees and carried interest, etc if they want to fully assess a deal.
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17 March 2024 | 10 replies
Congrats on starting the process of getting licensed!
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18 March 2024 | 16 replies
Set expectations on paper for maintenance and repair process.
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18 March 2024 | 7 replies
They constantly "lost" emailed documents, dragging out the approval process.
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15 March 2024 | 21 replies
This is not legal advice please consult with you attorney).Consider a step-by-step process increasing the pressure on the tenant with each step while accumulating documentation (which will be needed in Eviction Court):As per the prior comment, first contact the State Agency sponsoring/funding the Section 8 payments and document for them all the issues to see if a resolution can be reached.
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18 March 2024 | 11 replies
However, her lease is up in a little over a month...I'm guessing the eviction process would go on beyond the end of her lease.
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16 March 2024 | 13 replies
Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.
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15 March 2024 | 5 replies
In transparency we still are not at the point where we can do the full process through our platform and we do still have to do some things through email when the parties transact.
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17 March 2024 | 4 replies
Just trying to grasp the process here.