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11 August 2016 | 12 replies
I am in West Chester, PA and primarily invest in Delaware County.
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25 May 2010 | 37 replies
Contact your state representative and ask to have seller financing de-coupled from the following bills: HR4173 and the 'Restoring American Financial Stability Act of 2010' If the bills are passed, it appears a licensed loan originator will need to be used (paid) to underwrite ANY residential real estate loan.
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29 December 2017 | 5 replies
Should I quickly file before year end in any state (NY, NV, DE) just to get something?
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14 May 2020 | 35 replies
And the total and utter disgust I've been feeling at politicians, organizations, and some of the general public being so flippant as to tell rental property owners they can't evict has just added another layer to the ugly cake for me.It's galling that for years politicians have grossly undercut affordable housing programs, but suddenly expect us to become de-facto charities against our will.
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23 February 2019 | 7 replies
The standard owner occupied residential closer may not have experience with these and the commercial closers may be too busy with larger transactions and de-prioritize your closing.
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3 August 2017 | 6 replies
Also, do you own LLC #1 in Delaware or NV or in the state you live?
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23 July 2015 | 37 replies
You see Rina, Rolfe spent three days painting a picture of:1 - The perfect business (high gross margins, high barriers to future competition (quasi local monopolies), increasing demand).2 - Claimed that this perfect business counterintuitively sells for a big discount to its true value - and painted a plausible dual reason for it:a - the stigma premium - mobile homes are yucky and embarassing, therefore demand for them is lower than would be expectedb - the current set of owners of this asset class (mom and pop) are so stupid and lazy that they have priced the rents of the asset class lower than they should be compared to apartments.3 - He then masterfully executed the classic sales technique of creating a sense of urgency - saying that the current fragmentation and irrational discount-to-value of this asset class (mobile home parks) will soon expire because "mom and pop" are dying off, and will be selling out to professional investors with huge pools of capital.4 - He claimed that when this de-fragmentation occurs (the next 10 years) the discount-to-value will disappear and that the real value of the rents of mobile homes will finally be extracted through inevitable professional management.Item number 4, Rolfe must know, makes any experienced investor salivate - it's like cat nip.
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24 August 2021 | 15 replies
This could be appropriate if the deal has been held for the original deal's hold period and a recap can realize the original LP's investment but the GP wants to still manage the deal.One of the best things about this investment strategy is to be able to de-risk the asset via a refi and achieve infinite and compounding returns!
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13 September 2021 | 43 replies
I just changed when the markets changed to stay relevant.. right now rentals are soup de jour.
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25 July 2020 | 7 replies
Hi Eleena de L. , I look in certain parts of Norristown for fix and flips.