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6 February 2025 | 34 replies
@Ben CallahanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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5 February 2025 | 4 replies
Add a Rental Security provision to receive stock options in Lazy Dogs LLC for any upside when it goes public!
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5 February 2025 | 4 replies
We also received a $2400 security deposit.
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4 February 2025 | 7 replies
I left two voicemails, but I've yet to receive a response, and my check has not cleared.
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4 February 2025 | 4 replies
You really shouldn’t be running your business on a stranger googling answers for you but…the google says: Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.
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7 February 2025 | 13 replies
Typically a new roof only makes sense to protect the asset.
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4 January 2025 | 5 replies
As additional insured you will also receive notice if the tenant ever changes their policy or cancels it.
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22 January 2025 | 21 replies
You won't be able to use conventional financing and must use a non-recourse loan which typically require 40% down.
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7 February 2025 | 7 replies
Typical maintenance and capex, no real disasters.