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22 January 2025 | 4 replies
If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.I do not have the mortgage yet, just the purchase agreement.
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20 January 2025 | 19 replies
You made a verbal agreement to cancel our contract that we had.
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9 February 2025 | 32 replies
Without the appraiser's agreement, we are stuck here.
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17 January 2025 | 4 replies
Review your management agreement—it will outline all fees and responsibilities.
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25 January 2025 | 13 replies
@Briar BlakeYou might want to start by reviewing your Property Management Agreement to see if it addresses situations like this.
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21 January 2025 | 10 replies
If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.
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22 January 2025 | 0 replies
Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.
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23 January 2025 | 23 replies
Basically a pre-nup agreement.
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6 January 2025 | 0 replies
Just want to make sure it's ok to use the lease agreement since it says all rights reserved to bigger pockets.
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23 January 2025 | 6 replies
If they are up for renewal and you elect to non renew them you must stop accepting funds from the occupants after the lease expires (accepting rent after the lease expires may make it appear you have a tenancy at will agreement).