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21 August 2024 | 18 replies
Judges are not as tenant friendly and you can expect a normal eviction time frame.
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24 August 2024 | 7 replies
There was so much promised in that webinar, including a better price and much more than one would normally get for that price, but each time I try to do what they were showing that was so cool (and it DOES have cool capabilities) - it's an add-on.
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21 August 2024 | 8 replies
As I understand it, there used to be an on-site management company that operated some of the units as a condotel.
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24 August 2024 | 3 replies
That does come with time, and there is some value in trying a few different strategies to hone in on what you enjoy and what you are good at.
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20 August 2024 | 81 replies
Also, I have my general contractors license and make my living as a commercial senior construction project manager remodeling multi-family buildings and hotels nationally.
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23 August 2024 | 7 replies
It seems like this would be more on seller side.It’s not a deal breaker for the buyer, just a pain and occasionally a time suck, it absolutely can be an issue when you sell, not something that can’t be overcome but something that can cost time, money, effort, which again is why I’d just much rather be in condos than multi family all things equal, the per unit savings aren’t even that big in large swaths of D.C.
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16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.
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16 August 2024 | 21 replies
You are going to rush into a terrible decision because you are chasing something you don't need now since you are still in college.
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17 August 2024 | 5 replies
@John Laney the great thing is, our brokerage eXp is being proactive in this transitionary time so we don’t lose time servicing our clients.
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19 August 2024 | 9 replies
Syndicators who brag about their instagram lifestyles without a big old pile of exits... probably bought that lifestyle with their investor's money, whether Ponzi scheme or exorbitant acquisition/management fees.That... or selling high ticket coaching items on the power of real estate.