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4 June 2024 | 5 replies
The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.
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5 June 2024 | 5 replies
We currently have around 175K in equity in our house we are willing to access some of it utilizing a HELOC but we want to get connected with investors that can help us walk through this!
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4 June 2024 | 1 reply
I currently have about 300k in equity in the home and I want to utilize it.
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9 June 2024 | 36 replies
So, what advertising mediums do you utilize?
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4 June 2024 | 6 replies
Utilities are costing me around 450/mo plus another 400/mo for pool and garden maintenance.
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5 June 2024 | 14 replies
Your time is most effectively utilized in business development and establishing additional marketing channels.
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5 June 2024 | 10 replies
But, then had: - Late fee splits- Pet fee splits / collected by PM- Leasing fee of 50% for new tenant- Renewal fee- Service fee for work done on the property- Higher fees for certain tenant conditions- Receives all interest on trust accounts- Full page of admin fees including resident liability program, benefit package, pet initiation fee, credit reporting fee, tenant lease renewal fee (in addition to renewal fee charged to landlord), lease draft fee, application fee, utility concierage service fee, legal notice service fee.
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5 June 2024 | 13 replies
When you have mortgage, insurance, tax, vacancy, maybe utilities, and maintenance you could reach a 20% CoC return.
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4 June 2024 | 0 replies
Utilize checklists and capex estimators to capture essential information and assess the property's condition accurately.Take advantage of property tours to gather valuable insights and make informed decisions.
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4 June 2024 | 8 replies
One of our investors utilizes nightly rental income in lieu of market rent on appraisal.