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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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2 January 2025 | 36 replies
Finding a single tax professional who is smart on the varying rules in different states may not be feasible either so those costs go up too.Legal: Procedures vary in different states.
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22 December 2024 | 8 replies
If you're financially stable, have an emergency fund, and have a buy [box] get into the trending C class neighborhoods and buy value.
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3 January 2025 | 26 replies
Now that we are 5 months into it, we can see how wrong the reporting actually was, because there haven't really been any noticeable changes except minor procedural ones.
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14 December 2024 | 13 replies
They are searching for emerging developers and are offering all sorts of grants to development ready cities.
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9 December 2024 | 2 replies
Proc. 2018-58 extends the deadline in cases of federally declared emergencies and the exchange is a transaction governed by Rev.
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8 January 2025 | 33 replies
Preaching to the choir - god please pray that servicing can be automated and improved with the emergence of AI.
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19 December 2024 | 13 replies
I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).
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19 January 2025 | 269 replies
When contract is about to reach 5 years, i plan to make some upgrades on the property and ask for re-finance, hopefully pull out some equity and get a fixed rate mortgage.Let me recommend a backup with emergency fund (equivalent to 24 months operating costs).
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28 December 2024 | 8 replies
This was the standard procedure we had been following, and after the inspection there is a net14 payment that is, the payment will drop within two weeks if it passed inspection.