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27 December 2016 | 10 replies
Your intentions to cover the debt are really irrelevant and in some cases are beyond your ability to control the situation.
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16 June 2017 | 6 replies
You can't start self managing and control the cash etc. with no track record versus a company with 2,000,000 sq ft under it's portfolio and 30 years in the business and expect the CMBS lender to go for that.Some of the larger CMBS lenders we have worked with do billions a year in CMBS.
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4 March 2015 | 29 replies
I wrote plenty of deals for my LLC and sold for my LLC all with the approval of my broker Brokers make money on sales as long as you follow the rules it is a big advantage to be in control of your own timeline.Many many wholesalers become agents ,then brokers for these reasons
12 June 2016 | 17 replies
I worked for a small firm in Constriction Engineering Products, Johnson Controls, that sold air and water control equipment to large apartment and commercial building contractors.
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3 March 2015 | 4 replies
My question is has anyone done a wholesale like this with a more standard contract and what clauses did you use to make everyone comfortable so you could market the properties and have control?
3 March 2015 | 7 replies
Remember you don't have to own a property to control it.
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3 March 2015 | 18 replies
They can control entire neighborhoods, force the values, and etc...The burbs are the best though.
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3 March 2015 | 8 replies
Since you are finding the deals, you have a good deal of control over what happens to the deals you find don't you?
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3 March 2015 | 8 replies
@allieboone My units are in South LA, but in the county's non-rent control area, my first choice for buy and hold strategy.
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5 March 2015 | 6 replies
You also want to be able to switch coverage on the fly between a property being vacant, occupied or under renovation as sometimes you might experience a longer vacancy than expected during a turn or have to do a more major renovation after many years.In this structure, it is possible to insure multiple controlling entities under one master policy schedule and obtain "excess" liability coverage in excess of your underline $1,000,000, in increased increments of $1,000,000.Also, all "personal" policies and "personal umbrella" policies have what is called a "Total Pollution Exclusion."