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7 February 2025 | 1 reply
Previously I'd always used Stessa, which has a great Net Cash Flow statement view, breaking down the usual income/expenses, but also includes a section for Interest/Principal, and another section for CapEx.
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12 January 2025 | 28 replies
Depending on the state, when someone rents for a certain amount of time, usually 30 days or more, they become long term tenants in the eyes of the law, and they acquire "tenant's rights".
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7 February 2025 | 16 replies
Your statement, @Ivan Castanon, that “… foreclosure house sales are usually sold near ARV or maybe at a slight discount,” couldn’t be further from the truth.
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7 February 2025 | 14 replies
Typically seasoning means that the funds have been in a bank account for a set amount of time (usually 60 days), so ANY lender should love that....I thought maybe you meant un-seasoned funds?
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6 February 2025 | 6 replies
When I inquired about it, plumber said lining, it is usually not prefect since this is PVC breakage not just pipe cracks and the cost saving is not significant enough and maybe headache down the road.I will try to get more quotes and maybe a company that specializes in pipe lining options.I was told foundation work / under slab pipe repair is common in the Dallas TX area due to soil type.
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6 February 2025 | 10 replies
Consult eviction attorney regarding commercial; I'm specifically a residential PM and commercial usually has different rules because of the nature of the investment and occupancy (tenant doesn't [usually] live there)
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30 January 2025 | 8 replies
The thing is, if it's a bad deal, the market doesn't really matter and vice versa...usually.
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29 January 2025 | 11 replies
Off market deals usually have nonrefundable deposits and a clunkier process that isn't as suited for out of state people until they have good contacts in the area to evaluate the property (mostly contractors that feel comfortable evaluating projects for you).
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5 February 2025 | 5 replies
I find tenants really appreciate that little extra touch on move in day.
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31 January 2025 | 10 replies
Doing so usually cracks the walls and can make door jambs out of alignment.