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15 December 2015 | 9 replies
Is reasonable suspicion sufficiently rigorous to justify an eviction with this clause even without a police report?
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14 December 2015 | 10 replies
This is known as the self-sufficiency rule.
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17 December 2015 | 30 replies
The most important characteristics, for me, in selecting a tenant are (1) stable job and sufficient verifiable income, (2) at least a mediocre credit score (600s, I have even accepted 500s, but will never go below that), and (3) general vibe of how much they want the property and how long they intend to stay - with #1 being the absolute most important.
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6 February 2016 | 12 replies
I'm looking to connect with investors and wholesalers doing business around here and am very excited by the quantity and quality of articles, podcasts, and videos on BP.
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17 December 2015 | 5 replies
This is known as the self-sufficiency rule.
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18 December 2015 | 51 replies
I suggest driving around any town you may be interested in investing with and then reaching out to a realtor who works in those areas to learn more about the market(s).New Haven and West Haven offer a great selection of properties, are near several universities and can make investors money and can get quality tenants if your application guidelines target quality over quantity.
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30 December 2015 | 9 replies
Once you have a portfolio, THEN the cost and effort to maintain an LLC *may* be worth the effort.Be advised, it's $800/yr to keep an LLC in Calif AND the list of members must be filed annually.All the seminars taught the legal entity stuff (usually due to the vested interest in 'helping you') but IMO a good landlord insurance policy + an umbrella policy is sufficient for "well behaved owners".
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21 December 2015 | 10 replies
What he probably meant is the average borrower usually sells the home or refinances within 5-7 years after a purchase of a home so paying points often times is not the best way to go unless if you can really know beyond a reasonable doubt that you'll be in that property longer than the "break even point," in terms of months/years.escrow fee is dependent on local area companys they usually consist of a flat 250-500 fee Plus $1.xx per every $1000 sales price or other type of variable fee calculation model.FHA streamline refinances "can," be offered with no points and often times with sufficient lender credit to pay all closing costs as well but your loan is a 20% down conventional no ?
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30 August 2016 | 26 replies
However, if the leak was brief and there was sufficient heat for the moisture to dry out painting may be sufficient to take care of the stain.
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20 December 2015 | 5 replies
., etc.2) Scope each quote, line by line for accuracy, for quantity and product... mistakes are abundant.