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8 September 2024 | 6 replies
it has seven offices that can be used as bedrooms if a person wanted to make it a Boarding house, a pad split, or something of that nature.
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9 September 2024 | 19 replies
It would be a warehouse or an office building.Partial disposition example.
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7 September 2024 | 8 replies
The brokerage uses this to pay for lots of stuff office supplies, CRM, insurance, marketing, etc..
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10 September 2024 | 19 replies
I would email the code enforcement officer prior to your offer.
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8 September 2024 | 101 replies
When you do get involved tell them this is the only time you're giving this little speech and next time you're driving directly to the magistrates office.
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6 September 2024 | 4 replies
One-year leases are very common in smaller spaces, as you're most often working with tenants in the trade industry that need a garage styled space for tools and equipment, some with a small 1-person styled office adjacent the shop.
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6 September 2024 | 6 replies
The property features two 1,400 sq ft suites on the main level (one currently leased) and over 3,000 sq ft on the upper level, with 750 sq ft already occupied, 3 small office spaces (+/- 250 sq ft each), and a basement tenant with 1,400 sq ft of storage space.The building generates $6,000 in monthly gross income from its five tenants, but with full occupancy and market-rate rents, it has the potential to bring in $10,000+ per month.Given its historical significance, stunning architectural details, and location, I’m curious about your opinion: Would this property be more marketable for sale with or without the current tenants?
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9 September 2024 | 21 replies
The property manager or person responsible for taking care of rental property must reside or have its corporate offices within 20 miles of the corporate boundaries of the Municipality of Scranton.So, if you life further than 20 miles away from Scranton - YES you will need a manager.
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2 September 2024 | 5 replies
It is a very challenging market for many Loan Officers and Brokers.
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7 September 2024 | 11 replies
Some properties will require different rehabbing than others, but we will stick as closely as possible to the system we have in place for ALL properties.TEAMS AND SYSTEMS In time, our team will grow to consist of the following: Agent/Broker CPA Lawyer Escrow Officer/Title Rep Insurance Agent Property Manager Handyman Private Lenders/Equity Partners ContractorsWe will follow the same rehab plan for all properties, as closely as we can, in order to streamline all decisions and maintain the desired budgets for each property.EXIT STRATEGIES AND BACKUP PLANS Our foremost exit strategy will be to sell the property once it has been rehabbed.