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25 August 2021 | 2 replies
Essentially clauses that used to be strictly reserved for gross negligence or cartoonish levels of fraud and malfeasance have now been greatly expanded.
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5 December 2016 | 5 replies
Otherwise, a month of vacancy is just the cost of doing business, even if it's due to the tenant's negligence.
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7 December 2016 | 44 replies
They mentioned as an "Industry Professional" they failed to follow "best practices" and were negligent in their actions.
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6 December 2016 | 4 replies
Large complexes have more cash flow to deal with adverse situations, maintenance and repairs for negligent tenants.
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16 December 2016 | 9 replies
What would you have the agent do - continue to abuse the potential buyer - not do anything about the agent not responding to to a buyer - not taking the offer to the seller (that's negligent).
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6 April 2017 | 16 replies
If you have enough assets to justify separating your properties into individual LLCs, then the price of the quit-claim is negligible.
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22 December 2016 | 7 replies
I might prefer investing in no-income-tax states, simply because of the hassle and also filing costs (about $40/yr via turbotax, which isn't much but on a small $10k deal, it's not negligible).Which states, if any, qualify as ones where individual investor income from RE crowdfunding equity deals would not require filing a state return?
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29 March 2017 | 17 replies
I charge the tenants when they break something.I pay for the repair if the problem is due to age/normal wear and tear.If I can't prove that the tenant was negligent, then I pay for it, and document it.
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22 December 2016 | 12 replies
I agree with @Jeff Sheraton and @Mike D'Arrigo that the student loan interest will be negligible vs the return you could receive in the KCMO area; enough to pay off your debt even while you're still knocking out your Master's.Best of luck and congrats again on making the decision to invest at such an early age.
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3 March 2021 | 58 replies
Unfortunantly he also told me that City of Atlanta adjusts bills for burst pipes in the front yard because they can't be detected, but will not adjust bills for leaks in the house, because they consider them negligence, as they can be seen.In my case I suspect the city is charging me for what the tenants owed, but I am not 100% sure.They sent me a letter that if I do not pay by Thursday Jan 5th, they will shut water off.