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14 October 2024 | 37 replies
I'm co-owner of a small 2 man software dev shop.
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9 October 2024 | 8 replies
2) Grace Period: 5 days- Many judges in our area frown upon no grace period- Ours is voidable if tenant is late more than 3 times in a 12-month period3) Late Fee 5% on the 6th- Our software auto-charges- We will waive for a GREAT tenant, 1 maybe 2 times annually, just like a lender may waive the occassional late fee4) Daily Late Fee: 10% per diem- Our software auto-charges- We added this years ago when a smart aleck tenant, upset that we wouldn't waive their late fee, told us they would pay the last day of the month.- Judges often throw these out:(5) Eviction Notice for Nonpayment of Rent: sent ASAP- In Michigan, it's a 7-Day Notice- Our staff bulk sends on the 6th of each month, no exceptions- Even our best tenants get them and we just tell them it's automated and they can ignore if they payRecommend you have a detailed Eviction Procedure and follow it!
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10 October 2024 | 2 replies
The key here is buying at a discount.
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12 October 2024 | 16 replies
You will get a more accurate idea of what your actual interest rate is without paying any discount points.
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6 October 2024 | 1 reply
Project Management Software: Implement software like Asana, Trello, or Procore for managing multiple construction or renovation projects simultaneously.
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10 October 2024 | 28 replies
It seems like the condo you linked is almost geared towards short term rentals, so you should be in the clear on this specific situation. 2) I would take a look at some STR data either via a dynamic pricing software (pricelabs, wheelhouse, etc.) or take a look at Airdna to take a look to see what is the “sweet spot” is in terms of size of rentals in your market.
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12 October 2024 | 54 replies
I was a software architect of a JSF subsystem.
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8 October 2024 | 11 replies
I'd speculate that your CPA failed to check the "complete disposition of activity" checkbox in his tax software, keeping these losses locked instead of releasing them.2.
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10 October 2024 | 2 replies
If your goal is to move closer to family and you’re getting the house at a discount, it’s a strong personal and financial move.Advice Based on Your GoalsGiven your long-term goals of being debt-free while building a rental portfolio, it might make sense to hold onto the Stockton property.
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9 October 2024 | 11 replies
Theres lots of books, info and software.