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2 February 2025 | 6 replies
This approach gives you the opportunity to thoroughly screen potential tenants, ensuring they align with your values and standards.
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17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.
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23 January 2025 | 52 replies
I would spend money to enhance and update to current standards the search functionality and person to person tagging so it's easier to find stuff.
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31 January 2025 | 24 replies
Personally I'm against these types of programs, especially 5-figure ones.
17 January 2025 | 7 replies
Account ClosedAdding your property manager as "additional insured" is standard practice and beneficial for you.
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13 January 2025 | 23 replies
I have a salt water hot tub at my personal home.
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30 January 2025 | 5 replies
While having high standards is important, it's worth considering that many Section 8 tenants might not meet requirements like a 640 credit score or $90,000 in household income.
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17 January 2025 | 7 replies
My team personally has pivoted to more local affordable housing with local and county grants and incentives and we'll leave the more complex LIHTC deals to the big firms.
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29 January 2025 | 21 replies
.• That the grantor/mortgagor was insolvent at the time of the execution of the deed.An estoppel affidavit (executed and acknowledged by the grantor/mortgagor, attesting to the fairness of the transaction, the consideration exchanged, the value of the property, and other factors showing an intention to make a genuine transfer) or a recital (inserted directly in the deed) are supporting documents used to forestall challenges to these transactions.State law and local title standards must be consulted in regard to the consideration and treatment of deeds in lieu of foreclosure.What a GREAT post!
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1 February 2025 | 2 replies
Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?