23 September 2024 | 10 replies
We have a preferred lender who studied the past election years and noticed the effect, but due to the pandemic and the normalizing of our market, can we expect there to be a surge come Jan 1 with the election being over and interest rates stepping down to affordable rates?Â
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23 September 2024 | 25 replies
The only way to effectively determine this is by driving neighborhoods, walking properties &Â observing the daily routines of those who live there.Â
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20 September 2024 | 14 replies
You have no damages, though the previous owner at the time of demo may have had damages.3) Statute of limitation, if applicable, expires on nearly everything on civil matters at 3 years.
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23 September 2024 | 2 replies
The flooring retailer is the latest in a growing list of companies forced to shut down due to changing market conditions, rising competition, and the lingering effects of the COVID-19 pandemic.The company’s financial struggles began after the pandemic-fueled home improvement boom fizzled out.
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22 September 2024 | 41 replies
Possible damage that didn't get fixed because the arbitrager wasn't able to make a go and they just walked away.There are all sorts of possibilities for problems.
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23 September 2024 | 9 replies
Whether or not you have an LLC, if you are found to be grossly negligent, it could be you that is writing the check for the judgement, and depending on the state, it can be up to four times actual damage. Â
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22 September 2024 | 3 replies
Also, in the rental agreement, it says:"HOLD HARMLESS AND INDEMNITY: OWNER of rental property shall not be liable forany damages and/or injury to TENANT and/or their guest(s), or their personal propertydue to TENANT’S acts, actions or neglect.
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24 September 2024 | 4 replies
Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.
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23 September 2024 | 6 replies
Notice given by or to the attorney for either party shall be as effective as if given by or to said party.
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24 September 2024 | 15 replies
This is not often understood but can seriously effect your flexibility in the future. Â