Author: Tommie
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FHA? For Mobile Homes?
FHA Programs for Mobile/Manufactured Homes in California Yes, there are FHA programs available for purchasing mobile homes in California. The Federal Housing Administration (FHA) offers two primary programs: 1. California Home Loans – eLEND www.elend.com FHA Title I Loan Program FHA Title II Loan Program Looking for Down Payment Assistance Programs in California? California…
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The NAR Settlement: A Seismic Shift in Real Estate
Background The recent settlement agreement reached by the National Association of Realtors (NAR) has sent shockwaves through the real estate industry. This landmark deal, which aims to address allegations of anti-competitive practices related to buyer agent commissions, is poised to dramatically reshape the landscape for everyone involved. In a Nutshell The Impact on Listing Agents…
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Strategies for Managing Rising Operating Expenses
Rising operating expenses pose a significant challenge to commercial property owners and managers. To maintain profitability and property value, a multifaceted approach is essential. By strategically combining operational efficiency, cost reduction, revenue enhancement, risk management, and financial discipline, property owners can effectively mitigate the impact of increasing expenses. In a Nutshell Operational Efficiency Cost Reduction…
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Manufactured Homes Explained
Buying Mobile/Manufactured Homes Understanding the Buying Options Purchasing a mobile or manufactured home in a rented space within a mobile home park presents unique challenges compared to traditional homeownership. Here’s a breakdown of the key differences in mortgage programs and taxes: Mortgage Programs Taxes Additional Considerations California Manufactured Homes (FAQs) The Board of Equalization maintains…
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DSTs in Perspective
Delaware Statutory Trusts (DSTs): A Gateway to Commercial Real Estate DSTs offer individual investors a unique opportunity to participate in large-scale commercial real estate projects that would otherwise be inaccessible. By pooling funds with other investors, DST participants gain fractional ownership in properties managed by experienced real estate sponsors. Unlike direct property ownership, investors hold…
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The convergence of absorption and vacancy rates
Absorption rate in CRE explained simply Imagine a sponge: The absorption rate tells you how fast the water gets squeezed out: In a Nutshell Metrics to compare absorption rate and glean insights: By looking at absorption rate alongside these metrics, investors can form a better picture of: Remember, absorption rate is a dynamic measure, giving…
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Acquisitions with 1031s, DSTs, OZs, and eXp Commercial’s Support
Background The world of commercial acquisitions can be complex, but with the right strategies and support, it can also be a lucrative one for investors. This article dives into some of the most common and effective acquisition techniques, including 1031 exchanges, Delaware Statutory Trusts (DSTs), Opportunity Zones (OZs), and explores how eXp Commercial empowers your…
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Selling a Niche Commercial Property with Targeted Marketing
Beyond the Mainstream The world of commercial real estate caters to a diverse range of needs. While office buildings and retail spaces remain popular options, a significant market exists for niche properties that cater to specialized uses. Selling a niche commercial property requires a unique approach. Forget about generic marketing tactics. The key to success…
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Why Title Insurance Protects Sellers in Commercial Property Transactions
Sealing the Deal with Peace of Mind Selling a commercial property is a significant financial transaction. While the prospect of a successful sale is exciting, unforeseen complications can arise after the closing process. One potential pitfall is an ownership dispute that surfaces later, jeopardizing your sale and potentially costing you time and money. This is…
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How Property Management Companies Enhance Commercial Property Sales
Keeping it Sharp, Sealing the Deal Selling a commercial property requires a multifaceted approach. While securing the right buyer is crucial, maintaining the property’s condition throughout the sales process is equally important. A well-maintained property not only fosters a positive impression on potential buyers but also demonstrates your commitment to responsible ownership. This is where…
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