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16 March 2018 | 13 replies
I don't even have an ATM ( one of 4 people in America who does not).. there is no 800 number.. customer service is your private banker.. we send 2 to 10 wires a day and receive (hopefully 1 to 5 those are payoffs) and our banker will make memo's on our bank statements so our bank statements are customizedIE there will be a credit then there will be # 41 we know project 41 paid off.. very very transparent for my partners they can follow the company just logging into the bank account..
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14 March 2018 | 1 reply
And they did not even approve the full draw even though all items had clearly been completed...It doesn't matter how good the Lenders' rates are...If the Fund Control Company is not good,You will have your projects delayed.When applying for loans,Do you ask your lenders who their Fund Control Companies are ?
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8 March 2018 | 5 replies
I am in the process of planning a new construction project on a multi family complex with multiple buildings and I’d like to be in the neighborhood of 80 doors all said and done with around 6 or 7 buildings.
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7 March 2018 | 0 replies
I'm unable to come to a conclusion on whether it would be more financially advantageous to keep what's there since it's not broken and increase the rents accordingly rather than add on such a project.
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4 June 2018 | 11 replies
Don't know when that became a thing in all businesses (crypto seems to have the leading kid coaches) but i'm curious if you have input on paying/learning and how you approached mentorship.
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8 March 2018 | 2 replies
This was somewhat in 'story format' going all the way back to my grandfather investing in the 70s in the silicon valley up to the fact we have managed our own businesses for 2 decades, and our past experience with rentals, pictures of our current places (we take very good care of them) including things like the fact that our vacancy runs less than 2% but we still figure 5% into our projections to be conservative.
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22 July 2019 | 13 replies
TIC projects created under Rev Proc 2002-22.5.
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8 March 2018 | 0 replies
I've been calling around, but per usual in Nashville right now everybody is slammed.If anyone has a recommendation of a good licensed contractor who would be great for this project I'd love to talk to them!
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9 March 2018 | 8 replies
I am a newbie investor from CA, currently have one flip project on Indy and one flip in La Verne city here in CA.
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8 May 2018 | 5 replies
I deal with more protection for my business since I'm a contractor but this seems a bit overkill.Carrier: ScottsdaleSix-Month Premium: $1179.5625% minimum earned premiumCoverages & Limits:Commercial Property: $125,000 Building Limit – Special Form excluding theft; $2,500 deductible; Replacement Cost Coverage; 80% CoinsuranceCommercial General Liability:$1,000,000 each occurrence; $2,000,000 aggregate limitProducts-Completed Operations Excluded; Designated Premises/Project Limitation included.Conditions: All subs must carry equal or greater limits of liability naming insured as Additional Insured, hold harmless contract in favor of insured, with Certificates of Insurance.Thank you in advance for your consideration.