26 September 2020 | 80 replies
Depending on what we (the tenant and us) work out, they could be paying for back rent for over a year (many of our units are in a class C area where the tenants do not have much discretionary income).I find it unfathomable that people would consider evicting people financially impacted by this virus.
11 April 2020 | 7 replies
It's all about your relationships, experience, track record or that of your partners and sponsors and the property itself.Raising big capital, like $20, $50 and $100 million raises is an art and a business.
15 March 2020 | 1 reply
We used Waveapps.com to track the liens which is a great platform.
17 March 2020 | 5 replies
But B is far from there and really on the edge with the tracks and Erie Ave.
29 March 2020 | 12 replies
However, I still have players in the game and am still on track to close some multifamily and other commercial bridge deals.
25 March 2020 | 40 replies
Hey Jean, I (selfishly) think you are on the right track because I am on the exact same path.
23 March 2020 | 6 replies
While Tenant A has indicated via text that he "may have found a place" (and mentioned later in a call that if it doesn't work out he'll have to finish out his lease), he has not signed any kind of agreement specifically accepting our cash-for-keys offer.We also live in Nashville and just had a tornado rip through several counties (including destroying part of a shopping mall and some neighborhoods 3 miles away).
19 April 2020 | 9 replies
A part of me thinks- it's always a good time to Brrrr, if the numbers workout AND there is a great tenant.
23 March 2020 | 5 replies
It was KC specific and I am sure if you are in KC, you have an email from me sitting in your in box.But the important item you need to remember is if you let one tenant slide or set up a work out agreement with one tenant you need to do the EXACT SAME THING WITH ALL TENANTS.Just wanted to remind everyone that Fair Housing does not take a break for national disaster.
1 April 2020 | 11 replies
If it's a good property in a good neighborhood then it should work out in the long run.