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29 August 2024 | 16 replies
For example in the Reno, NV area there has been a big push for diversification beyond hospitality and now Tesla is building battery packs and the new Semi Truck.
30 August 2024 | 13 replies
Additionally, from the PMs perspective, why would you turn away an owner who is willing to improve their asset that you manage?
31 August 2024 | 10 replies
Additionally, connecting with other neighbors who are also bothered by the situation could help create a stronger collective voice to push for improvements.
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30 August 2024 | 7 replies
So here's my question sadly the lease we had our attorney draw up doesn't state that they must call us for repairs (however they always have in the past and we have always taken care of it within a day) but it does state they can't make any improvements or changes to the property without prior approval.
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30 August 2024 | 22 replies
We will occasionally adjust down the cleaning payment to offset the cost of our inspector if they find deficiencies in quality and need to spend time improving things before the next guest.
30 August 2024 | 30 replies
One option is to refinance to improve cash flow while holding on to the properties and benefiting from long-term appreciation.
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30 August 2024 | 1 reply
You usually pay an upfront option fee (around 1% to 5% of the purchase price), and a portion of your monthly rent may go toward the purchase price, helping you build equity over time.Pros: Flexibility: It’s a great way for buyers who might not qualify for a mortgage yet to secure a home while improving their credit or saving for a down payment.
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30 August 2024 | 9 replies
The tenant threatens to get lawyers, my concern is their safety, but I can’t get any justification to make improvements to the property for security.
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31 August 2024 | 8 replies
Also with the new policy changes with CMHC high ratio mortgages first time home buyers will have a much tougher time buying their first home so the rental pool will increase leaving more people looking to rent.I currently hold two rentals one in which is an owner occupied rental which I purchased for 200k 7 years ago and it is worth around 275k today and this year I purchased a triplex as well for 250k and as is with no improvements this yields me an 8% return a year which I would say is quite low.
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30 August 2024 | 1 reply
Contact the condo association directly to request access to their official records, which should include maintenance logs, financial statements, and details on planned improvements or repairs.To ensure the information you receive is accurate, consider consulting with a real estate attorney or a local real estate professional.