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19 October 2024 | 7 replies
But assist as much as possible with their renters insurance to get them to cover this.
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18 October 2024 | 23 replies
Typically Section 8 assistance will track along the market rent for low income communities in the area (slightly higher or lower depending on the location).
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18 October 2024 | 3 replies
If you ever need help, I’d love to assist you in gaining more knowledge in real estate investing and blending your construction and remodeling experience for success in this new chapter.
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19 October 2024 | 0 replies
Removing Hassle: Take care of moving costs, dealing with tenants, or assisting with legal paperwork to make the process smoother for the seller.11.
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18 October 2024 | 7 replies
You seem very green, I would highly suggest finding a property management company to do this for your while you learn the ropes and how things work.However, you can also get a copy of "The Book on Managing Rental Properties" by Brandon Turner, and get some really good information.The main one's to consider are:Background check - totally clear, or will you allow certain thingsEviction history - totally clear, or will you allow if no evictions for last xx yearsIncome Requirement - usually 3x the cost of rentCredit History - totally clear, or will you allow certain thingsPets - yes or no, size, type, number of pets allowed, extra pet deposit/feeAgain, I highly suggest a property manager to assist you with this.
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19 October 2024 | 14 replies
We're here to assist you through this challenging situation.
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17 October 2024 | 8 replies
I'm happy to connect with you and assist you in being eyes on the ground in the area for you.
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17 October 2024 | 10 replies
Present yourself as the profesional with high end software and should help to maintain your growth going forward.
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16 October 2024 | 4 replies
Tenant risk is lease term remaining, sales/billings from the location, overall financial health of the tenant (i.e. solo practitioner with this one center as their sole source of income and declining billings, will not likely keep the property well maintained, and when they move out, you will have work to do), need for this use and/or competitive urgent cares in area, etc.
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17 October 2024 | 26 replies
The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.