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13 January 2025 | 16 replies
I almost fell over dead thinking maybe I was going into the wrong business.
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13 January 2025 | 15 replies
Nearly all of our business came from the relationships that our originators had built over the years.
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3 February 2025 | 3 replies
Most PM software allows late fees to be charged.Ours allows us to absorb the cost of tenants paying electronically thru the software - it usually wants to charge tenants, but we want them to pay electronically.We manually charge tenants a Processing Fee for mailing in their rent, a slightly lower Processing Fee for depositing to our bank.Your success will depend on the Class of your tenants.
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6 February 2025 | 10 replies
Really depends on what they are looking for as well as long term plans.
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3 February 2025 | 3 replies
@Will F. some of this will depend on what you have to lose if you were sued.
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6 February 2025 | 5 replies
It can get pretty expensive what would anyone suggest or should I write the lease so that the next tenant depending on time of year should I do not include a specific utility and adjust my rent because of it ?
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5 February 2025 | 14 replies
Depending on your risk tolerance and investment goals, exploring short-term Treasury Bonds, high-yield savings accounts, or diversified alternative assets like private lending or REITs could also be worth considering.
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5 February 2025 | 4 replies
And it could take even longer than 6-12 months to find a replacement depending on the area.The other things to look at carefully are major Capex or maintenance expenses - you didn't mention whether this was a NNN lease.
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28 January 2025 | 11 replies
The amount depends on negotiations between you and the property owner.
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16 January 2025 | 12 replies
Hi Angus, A cash-out refinance is typically not considered a taxable event for businesses since the borrowed funds are regarded as liabilities owed to the lender.