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31 December 2020 | 5 replies
I find that they are generally more careful with money than a property manager, as the board of directors all have skin in the game.2.
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22 January 2021 | 4 replies
Budgets are set by the Board of Directors and sometimes the governing docs require a vote of the property owners too.
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20 June 2021 | 18 replies
In this fund you/your dad can deposit a donation or contiual donations from the profits of the pd off properties getting a tax write off for the property immediately.Then you as the director of that NCF fund can grant it to your non-profit.
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2 August 2021 | 10 replies
Auction.com says the winner will receive a "Foreclosure Deed" at close and its "up to the buyer" to clear the title.Concern: In the HOA Lien document, a clause states "the said assessment due for the property is of a continuing nature and the stated as due and owing in the lean will increase and will continue to increase and accrue, plus interest charges, approved by the HOA board of directors, if non-payment continues".I'm aware there are maximum lawyer's fees, collection fees, interest, etc that can be charged to the buyer per AZ laws but I haven't read anywhere that there's a maximum HOA assessment delinquency that can be charged.
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7 August 2021 | 21 replies
I shared in person 2 concerns with my county's Finance Director who oversees the money and the program admin leaders in an event to encourage tenant participation.
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18 August 2021 | 6 replies
And you will have articles of incorporation guiding the company and setting out the ownership and directors of the corporation.
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18 September 2020 | 5 replies
As many of you know, President Trump signed an executive order in August that, in addition to other tasks, required that"The Secretary of Health and Human Services and the Director of CDC shall consider whether any measures temporarily halting residential evictions of any tenants for failure to pay rent are reasonably necessary to prevent the further spread of COVID-19 from one State or possession into any other State or possession
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12 September 2020 | 11 replies
A LTR is like driving down the interstate with your cruise control on.A STR is like being the entertainment director/security/cook/accountant/navigator/housekeeping/marketing manager of a cruise ship.
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31 August 2019 | 5 replies
At present, I am a non-executive director at a UK based company which has a functional algorithm for finding distressed sellers.It is sexy right not to claim you are using AI or similar.
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21 September 2020 | 7 replies
If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).