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19 August 2024 | 13 replies
Without having the facts it sounds like there was not proper notice to the estate.
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18 August 2024 | 5 replies
You will spend 10X on repairs and servicing of a poorly manufactured window so better to spend a little extra up front.I've recently had success using Harvey slimline windows on some rehabs.
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20 August 2024 | 9 replies
So there is a miss-match and you end up paying more then you should.This is true for a small Canadian Controlled Private Corporation (CCPC) with "active" income - e.g. they manufacture widgets or provide a service to folks owning widgets.
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19 August 2024 | 13 replies
Also if an LLC is not properly run it can be pierced as if yoy have no LLC.
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22 August 2024 | 29 replies
This could significantly increase competition.Technology RequirementKeeping vacancy costs low and high guest satisfaction high will depend upon the proper use of technology.
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20 August 2024 | 5 replies
One of my current tenants in Denver lists the extra bedroom as an Airbnb arbitrage and I was totally okay with that, it's his residence and as long as rent is paid and he has the proper licensing/insurance then sure.
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20 August 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
20 August 2024 | 13 replies
Yes you can, If it wasnt done properly the first time, it maybe a good idea to have a different accountant take a look.
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18 August 2024 | 2 replies
I believe I can demonstrate that the property was originally used as a two-unit dwelling, which could strengthen my case.I want to ensure this deal is still viable and that securing the proper permits is realistic, as my financial projections are based on this being a multifamily property.
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20 August 2024 | 45 replies
This means the lender must (1) reject any payments from that point forth (2) comply with providing proper notification (3) allow a certain amount of time for the borrower to pay the loan in full and (4) auction the property off in non judicial states.