@DeepCapeHero@realEstateTrent he's not buying properties that are fully rented out he's buying properties that he thinks that he can add value to(raise the rents that can be raised look for new tenants for the empty units etc)which he then sells to other investors that are looking for something turn key
@GianniF2020@jarno_opmeer The problem with ferrari is that there is too much bureaucracy and old people with minds like yours that run things binotto vasseur and all those to come are just marionettes run by the board at maranello
@LongTermOwner@realEstateTrent If they don’t need to sell why bother putting it on the market when you know no one’s buying for a 4 cap in a high interest rate economy not even someone looking for a 1031 it’s much cheaper to pay taxes on it
@johnbyrneindy@realEstateTrent I get what you’re saying but unless it’s a micro deal or the client simply doesn’t care yeah sure you eliminate the negotiation,LOI back and forth , the escrow period ,headaches … therefore getting money sooner but the conflict of interest is simply too great to be ignored
@Nathan_1617 @enbygeorge@LandoNorris At least mazepin apologized now if lando doesn’t post an apology in the next couple of hours I’ll sell all my mclaren merch including the carlos ones and I’ll cancel all future orders from mclaren