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22 June 2007 | 11 replies
The biggest benefit I have seen from filing on tenants that did not pay, is that for some of them, they will come and work with me in coming up with an out-of-court repayment plan, instead of having the black mark on them.If you have a patient consistent non-emotional attitude with a lot of people, they will see the logic in gradually paying you back over time.
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20 January 2023 | 13 replies
Society usually gets used to these introductions gradually and a lot of refining of the current statutes in most of the states would be required before it becomes main stream.Most states are allergic to change by default with each state often always trying to flex its muscles.
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31 August 2023 | 11 replies
Look over 30-40 years and make sure to factor in a couple periods of going bankrupt as well as other less substantial periods of loss into the financial equation and all the while cash-flow chugging along and equity happening at a more gradual rate.
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5 September 2023 | 7 replies
If most places are full and have higher rents, you can feel better about ”ripping the bandaid off” and increasing rents soon after closing, whereas, if the market isn’t as strong, you may want to consider gradual increases over time.
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16 June 2022 | 9 replies
Not too late, but rates have been gradually increasing.
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23 June 2023 | 10 replies
As the properties appreciate and generate rental income, you can then refinance them to access the profits earned through the BRRR strategy.One notable advantage of using a HELOC is the ability to pay back the borrowed amount gradually.
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16 November 2020 | 16 replies
If this happens it's likely that visitor arrivals will be fairly slow and gradual.
1 August 2017 | 4 replies
Kick them out, clean, paint and offer it at new market rate, work out a gradual increase over time to keep the tenant (possibly...) or what?
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18 July 2023 | 6 replies
Here's where the issue arises: the Association claims that since the water leak from my bathroom gradually deteriorated the wood frame, it falls upon me to cover the expenses of the repair, even though the wood frame is located beneath my toilet floor.
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7 August 2023 | 13 replies
On the other hand, I know it's important to keep gradually increasing the rent so you don't fall behind where the market is and it's hard to catch up.