12 April 2020 | 5 replies
I'll definitely bookmark those sites and keep an eye out for dates.
4 May 2020 | 8 replies
Set dates and actions.
13 April 2020 | 43 replies
You basically are deferring the Tax Obligation of the Commission to the date where you will sell the property.As a result of doing all the above, I reduced the purchase price of the $1.5 Million Purchase by 3% or $45,000.So, not only did I beat down the price by $200k ($1.7 Million originally), but I received a Credit of $45k for a total savings of $245k off the original listing price.I'm not sure if any of the above will be anything but Entertainment, but I thought I would mention it since I went your route and acquired my Broker's License without being a Salesperson.I found myself swimming with the Sharks!
14 April 2020 | 4 replies
The key is the first loan, I call the "acquisition loan" which needs to provide 100% financing and allow you to buy dated or distressed properties as this is the quickest way to create instant equity (critical component in this strategy).
13 April 2020 | 7 replies
@Villy Ellinger To date, I have not seen any category of rental (STR, Commercial lease, multi family) able to trigger Loss of Rent coverage under their insurance policy.Typically, business interruption insurance is triggered by a direct physical loss or damage.
23 April 2020 | 18 replies
They delayed the process so long, that eventually my closing date had expired and I had to walk away from the deal.
13 April 2020 | 10 replies
However, I speak from the perspective of a commercial broker, who sells Mobile Home Parks, I am not sure of the outlook of agents in the residential route.
23 April 2020 | 9 replies
Seller owes 11k mortgage on mobile home in a park.
11 April 2020 | 0 replies
Purchase price: $800,000 Cash invested: $300,000 A small mobile home park consisting of two houses, 13 RV spots, 17 Mobile home spaces.
13 April 2020 | 3 replies
On our move in date, the manager didn't even go into the unit to inspect after the previous tenant moved out nor was any maintenance or finishing done to the place.