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21 May 2024 | 53 replies
I get it.However, the one thing I've never heard is how exactly you go about paying these cards back before the introductory period runs out and the accumulated interest bankrupts you.The only option I can figure is that you (hope to) refinance your cash out and pay back the cards(?).
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21 May 2024 | 58 replies
We refinanced out before the 12 months rehab period and all ended really well.
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23 May 2024 | 43 replies
We have come close to filing eviction many times.We do have a clause in our rental agreement that helps protect us from short timers, if it is legal in your state:After additional deductions for cleaning and repairs necessary to restore the premises to its original condition (less allowance for reasonable wear and tear), along with deductions for any rent due (including rent loss during periods of restoration), late fee, caused inspection/eviction, utility, notice, legal and any breach of contract costs, the balance of the security fee shall be refunded pro rata as follows: 10% of the remaining balance for up to one month of occupancy; 20% for two months, 30% for 3 months, 40% for 4 months, 50% for 5 months, …and so forth until 100% for 10 months or more of occupancy;
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22 May 2024 | 13 replies
What is the principle owed and the time period?
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21 May 2024 | 16 replies
Am in the Denver area also (rental house in Thornton) and considering a property manager for the current slow period in October, at least for tenant placement.Thank you!
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20 May 2024 | 4 replies
Have the agent or the lender call the service to see about turn times (this is a factor in contingencies periods on the offer for loan).
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20 May 2024 | 13 replies
You can rent by the room, which can maximize rental income.Parent Guarantees: Many student leases involve co-signers, usually parents, which can provide additional financial security.Low Vacancy Rates: Due to the high demand, vacancy rates tend to be low, especially if the property is close to campus or in a desirable student neighborhood.Flexible Lease Terms: You can structure leases to fit the academic calendar, which means you can adjust rents annually based on market conditions.Cons:High Turnover: Students typically stay for shorter periods, leading to higher turnover rates.
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20 May 2024 | 4 replies
This way it mitigates any timing risk due to the 45 ID period deadlines.
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20 May 2024 | 6 replies
Most folks that have good credit scores buy houses, they don't often rent unless its for a short period of time, which is what you don't want as a landlord.
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22 May 2024 | 90 replies
Assuming nothing in the lease states otherwise and the lease follows a TAR format, rent is considered late after the 1st and a landlord can post the 3 day notice to begin the eviction process on the 2nd irregardless of any grace period in the lease.