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23 March 2019 | 5 replies
We have a -10% correction in the most vibrant part of US here since fall last year.
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27 February 2019 | 25 replies
Your tenant sounds like he/she is going to be a habitual complainer and never be satisfied.
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9 February 2019 | 14 replies
Also a minor point re: 20 days: my understanding is that the 5 day demand letter can be sent after 15 days of lateness, which many people interpret to be the 16th, but depending on how you read the law, you're safer with the 17th and that's what I've always used.I also believe that if the tenants are habitually late, and you warn them repeatedly that they're violating the terms of the lease, you may be able to evict them for "reasons other than non-payment of rent" (which is a slightly slower type of eviction often used for things like repeatedly disturbing neighbors).You'd also want to be careful not to let them basically change the due date by always paying late, thus establishing (by repeated practice and your not informing them of lateness) a later due date by practice.But these are nuanced issues, not really germane to your current situation but something to keep in mind for the future and when discussing evictions with an attorney or other experienced RE investors.
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21 February 2019 | 1 reply
At the same time, it can lead you to build a perception of someone who might have posted habitually during those college days but hasn't used social media in recent years.I think reaching out via social media to find tenant leads is one thing, but using it as a method of screening, while it can have some benefits, can be misleading/can lead to incorrect info vetting; with social media profiles who's to say whether an account is run by the individual that the page purports to belong to?
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22 February 2019 | 1 reply
Once you complete a few deals, the process will become habitual, and you can look at wholesaling larger pools of properties.
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28 November 2018 | 29 replies
@amy thatcher @Amy Thatcher it's very difficult to not have compassion and empathy for tenants with issues, but they have a way of becoming habitual.
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26 November 2018 | 7 replies
It has a vibrant demographic, that are into recreation, fitness, etc.
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9 December 2018 | 6 replies
Wall Street Journal: DFW Housing Market Cooling November 27, 2018PLANO (Wall Street Journal) – "Dallas' once-vibrant housing market is sputtering," reports today's edition of the Wall Street Journal.
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19 December 2018 | 10 replies
The midtown section has a lot of craft restaurants, breweries, and vibrant arts scene.
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31 May 2015 | 2 replies
This seems like an unfortunate set of circumstances (act of God) that has led to late rent, not a tenant who is habitually late and that you fear will start making a habit of this.