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14 August 2024 | 7 replies
I would also try to familiarize yourself with local landlord-tenant laws, including fair housing regulations, security deposit limits, and notice requirements for entering the property or terminating a lease.Prior to renting, conduct a thorough inspection of the property before the tenant moves in, and document the condition with photos or a video walkthrough.
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15 August 2024 | 29 replies
You do not loose any data, as long as your QuickBooks is set up right and you have a process and procedure to record the transactions.So let me ask you a questions, say you post it to COGS - and I ask you what your profit is for this year.
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13 August 2024 | 7 replies
Moreover, if you're interested, there's a great Facebook group you can join called Atlanta Metro Short Term Rental Alliance which posts regularly regarding changes in ATL STR regulation.
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14 August 2024 | 16 replies
Review the contract for terms and procedure for default, if any are written.8- Keep a copy of their refusal to complete the work as Contractor Default, keep the final $5k as contractor default.9- Pay the new contractor to fish the job, let the Old contractor deal with trying to get the last 5k from small claims court, which they will likely fail to achieve.PS yes I blew past “what if permits are not signed off as complete” thats a PITA of its own thread.
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14 August 2024 | 4 replies
@Leah MillerTypically no - condo bylaws and zoning regulations typically do not allow to segment a units potential exists to possibly combine units (which can be cost prohibitive as you need board approval and potential building code issues) but I have never seen a condo building allow someone to subdivide a unit
12 August 2024 | 5 replies
Can anyone guide me for REO foreclosure list and how is the procedure here?
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20 August 2024 | 81 replies
.: @Jay Hinrichsright - but she did say "the renter wasn't paying high enough rent to cover Kiavi's requirements"so i remain confused.before BK or FC, i think worth (1) talking to an attorney to see what she signed with Kiavi, and (2) calling another lender (or better yet, 10) and seeing what's availablea few hundred for an attorney and $500-1000 for an appraisal - painful to keep spending but i think worth itstill missing info here kiavi is just like me a private lender and not regulated. while a tad bigger than us :) they have a lot of lattitude just like I do to make up my own rules as we go along..
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13 August 2024 | 2 replies
There is little to no regulation.
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12 August 2024 | 4 replies
There are no laws, rules or regulations preventing any foreigner, American or otherwise, to buy property in CDMX or Mexico for that matter.If, by having success, you mean getting a profitable investment, I'm sure many American and other investors got that over the last few years (I personally haven't since I've focused my efforts on Mexico's beach markets, which are far better in my opinion.
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14 August 2024 | 19 replies
Here are some key criteria for evaluating a Cost Segregation provider:- Seek out a Certified Cost Segregation Professional- Consider their experience with tangible property regulations.