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10 January 2025 | 8 replies
You may be able to lean on the title company if they missed something, but generally if the deal closed and its not an issue of material disclosure or title or something its generally your issue now, the owner doesn't really have an obligation to comply if they closed according to the CD you signed.
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18 January 2025 | 9 replies
I’ve often seen this happen where initial approval is given, but debt-to-income issues arise once they discover you’re purchasing another property.
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9 January 2025 | 4 replies
You have to watch out for properties that hit 1% or higher, but have cap ex and tenant issues.
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17 January 2025 | 20 replies
Cash offers are often particularly appealing to sellers because they eliminate the uncertainties that come with financing, such as loan approval or appraisal issues.
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8 January 2025 | 29 replies
Under $100k, were talking Old, beat up, it's coming with issues and the vast majority of time there is hidden uglies that come out later.
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31 December 2024 | 22 replies
And I seriously doubt any non profits are money laundering, but then again neither is Joe the Barber LLC or Betty's Property Management LLC (which, especially if they are Single Member LLC's--which flow to the 1040 without any tax return for the entity--are already identified to the government computers at the IRS.If you want to swim with the big fish you have to get wet.Maybe the resident agents will offer to fill this out as a service for $50 to $100 (???)
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18 January 2025 | 8 replies
I think the issue here is how long Dad has been out of work.
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12 January 2025 | 12 replies
I will do more further research on this topic to identify for accurate numbers for the report.
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7 January 2025 | 5 replies
You may have to search a bit for the right contractor or engineer - sometimes I see one solution dominating in an area - "that is how we always do it" Thanks for the input - yes, it sounds like the specific area this house is in is particularly bad for foundation issues.
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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.