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16 March 2014 | 9 replies
So in a moist environment it's better to just plan on doing regular replacement rather than maintenance.
10 March 2014 | 18 replies
If the relative is inspecting the property regularly to assure compliance to lease provisions, then I would support a fee of 3% at most.Triple net leases, in general are thought to be relatively safe investments; however, I've inspected NNN buildings after the tenant has moved out and the owners faced high five figure costs to repair damages done by "good tenants."
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28 May 2013 | 12 replies
Another option, if title/escrow is cool, just make the offer in your personal name and tell escrow/title you want to take title in the name of your LLC.That is a very good idea, and if it was my regular escrow I imagine they wouldn't have any problem.
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30 May 2013 | 9 replies
This debt created has no regular payment required and shall be due and payable upon demand by Lender.
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30 May 2013 | 7 replies
It must be in writing, exercisable within a specific term, and either recite a price or a formula to compute a price.By contrast, a ROFR merely requires the owner, when and if he or she decides to sell, to first offer the property to the holder of the ROFR (i.e., the buyer) at the market price then prevailing.
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21 September 2014 | 2 replies
.), which is close to their initial investment in 2004.Total Monthly expense $607Place Lease with option tenant, $4500 option to purchase for $80,000 in 2-3 years, monthly lease $850So if tenant exercises the option on month 36 this is what the numbers would look like:36 months of existing mortgage = 11988, 11 months remain =366336 months of seller carry= 9828 , remaining balance =30172Total remaining balance to seller= 33835Selling price to option tenant= 80,000 – balance = $46,165Cash flow arbitrage $850 - $607 = $243 X 36 months = $8424Option fee $4500Total gross profit = $59,089What did I forget, and is this a possibility?
8 March 2015 | 10 replies
We are using cash flow from the first two properties and regular income to invest in the next one.If we could go back in time and do it over again, I would probably go with getting an owner occupied FHA loan on a 3-4 unit, putting enough down to avoid PMI since that was what we did with our own home purchase.Just my 2c.Kelly
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16 March 2015 | 65 replies
I can tell by the dogs' personality whether he gets regular walks; loving dog means loving owner.
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11 August 2017 | 118 replies
There was a older guy named Tom who was a regular and was really into cars and was a pilot just like I was and we kinda became buds.
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22 September 2011 | 27 replies
I have such a rapport with several realtors from Charlotte NC to Dallas Tx, who e-mail me regularly with great buys.