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18 May 2018 | 3 replies
A friend who has dozens of properties, all in different LLCs, told me I will need to form an LLC and apply for a commercial loan under the LLC's name in order to get the title in the LLC's name.Has anyone else come across this issue?
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5 June 2018 | 19 replies
I just paid $250 for 660 sq ft install that required some feathering/ floating... flooring guys are a dime a dozen.
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18 July 2016 | 6 replies
Properties in most areas are subject to re-assessment by the local taxing authorities so the NOI has to be tax-adjusted before you use it to calculate the market value.I then plot the market value every quarter on a chart that allows me to show my investors the "hockey stick" effect of our value-add program as the increasing NOI effects the property value.
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22 July 2016 | 10 replies
@Tyrone WatlerGood job finding a motivated seller.First rule, ignore the tax assessed value.
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23 April 2018 | 21 replies
And second, be sure to not only assess repairs immediatley necessary, but also look at your capex items for the next years (5, 10,.. depending on how long you want to hold the property).
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4 April 2018 | 2 replies
I've been in over a dozen situation where it's highest and best and end up offering 7 to 10 over their asking price and still not have an accepted offer.
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11 April 2018 | 5 replies
I advised my tenant to contact animal control for the city to come and assess the situation.
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20 May 2019 | 84 replies
Those really have to assessed on a case by case basis based on costs to rezone with the city, time spent to rezone, cost to develop land (Easily $300k per acre or more in some cases).
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14 June 2018 | 14 replies
Do you agree with the rest of the assessment, that otherwise your are vulnerable?
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13 June 2018 | 4 replies
Small cities can be vulnerable too, and it is often difficult to assess the health of a dominant employer.