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29 January 2025 | 24 replies
Once the disaster is over, someone from the lender will verify the structure wasnt damaged and then proceed with the funding.
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22 January 2025 | 7 replies
That being said, I've definitely signed leases for properties that were on the other side of the country and I didn't get a chance to physically see them before signing the lease.
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24 January 2025 | 0 replies
Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.
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11 February 2025 | 20 replies
We are currently working with our lawyers to take next steps and get our money back along with damages due to wasted time and investments we missed out on along with other people who they have done this too.
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23 January 2025 | 2 replies
The property was impacted by hurricane Helene and there is no substantial damages letter issued (yet?)
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20 January 2025 | 16 replies
The engineer should be able to advise on the best lot line outcome, especially if there are physical circumstances to consider, such as wetlands.
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30 January 2025 | 13 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
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24 January 2025 | 16 replies
Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money.
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30 January 2025 | 7 replies
@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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14 January 2025 | 9 replies
Do we focus on flipping, (currently we have actually been trying to do this, but we physically can't find enough contractors in our smaller market <100K population to do that much work).