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23 October 2018 | 2 replies
It is going to be looked at as you signed a contract, decided to do repairs on your own and then made a determination of what you felt those repairs are worth and adjusted your rent on your own with no approval from the owner of the property.Many areas have a place where you can pay all of your rent and then file a grievance etc, which would be the way to go.
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26 October 2018 | 5 replies
You may adjust depending on the market when the leases come due.
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1 November 2018 | 10 replies
thank you.For the adjustments to ARV, do you have any tips on how to calculate the adjustment amount in a local area?
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24 October 2018 | 0 replies
When you are comparing comps to calculate ARV do you use total lot size or livable space ?I assume lot size... am I right?
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26 December 2018 | 7 replies
3 bd 1.5 baths ...Side note.. there is a commercial multi story office building with similar address and they have mixed it up before (when setting up the acct), but the usage based off website so I doubt someone manually reading meter daily and uploaidng to the site..
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24 October 2018 | 2 replies
My attorney and my home insurance adjuster have both said I should file a Police report, and pursue damages.
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24 October 2018 | 1 reply
You could manually look up each property on the property appraiser's website to see if the owner still owns the property or if it's sold already.
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28 October 2018 | 12 replies
I know part of it was an increase of interest rate, but I think it is more of a market speculation where most people believe the market is inflated at the moment and wait for an adjustment.
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1 November 2018 | 9 replies
Stop issuing 1099-MISC with box 7 "non-employee compensation" instead of box 1 "rent"Stop including refundable deposits in rent incomeProvide annual reports clearly delineated by propertyLearn the difference between maintenance, repairs and improvements and report accordinglyReport insurance reimbursements separatelyProvide supporting documentation: itemized contractor's invoices, insurance adjusters' reports etc
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26 October 2018 | 12 replies
Something to consider with MF inside the loop: tons of those older C to B properties sold between 2013-4 and are coming up on refi or adjusting for investors with 5/15 ARMs.