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11 August 2024 | 2 replies
I’d ideally like to keep the property management financials and operations completely separate from the employing broker during that period.
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12 August 2024 | 4 replies
I've done these deals and we have been able to renegotiate price and terms late in the deal, all while my client's EMD is fully protected either based on an inspection period or based on lack of disclosure.
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12 August 2024 | 6 replies
Then since the houses are empty for a period of time, they are subject to vandalism, theft, and sqautting.
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15 August 2024 | 29 replies
Could you accomplish the same thing and help to create a more accurate balance sheet, as @Gina Faust suggest, by periodically (weekly, monthly) doing the same thing as year end?
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14 August 2024 | 26 replies
This can actually be higher or lower than the FMR without utilities however the rent still should be no greater than FMR (note that in periods of low landlord participation, some housing authorities may offer an incentive of 10-20% OVER the FMR to entice landlords. ) Step 3 is that each property may qualify for a different amount based on amenities and type of utilities.
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13 August 2024 | 17 replies
Just doing a 12-24 month, interest-only payment that would actually encourage you to refinance or sell within that time period?
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12 August 2024 | 12 replies
I was able to get the seller agent to give a 30 day grace period where I can get my 1k deposit back for any reason.
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11 August 2024 | 16 replies
And for a period of time, they were right: The financial crisis and Great Recession followed, and the market value of that property dropped almost in half on 5 years.
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13 August 2024 | 15 replies
-As @Travis Timmons mentioned, every property is going to have a stabilization period.
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12 August 2024 | 39 replies
The proposal could reduce stress for landlords, ensure smoother transitions, and improve communication with tenants.Additionally, the proposal includes a 5-day grace period before late fees can be imposed.