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2 July 2024 | 73 replies
. - Last summer, I read some legislation on various metro areas and what restrictions were in place or in the works, although I couldn't direct you there now.
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29 June 2024 | 11 replies
Remember, it's okay to feel uncertain; it's part of growth.
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27 June 2024 | 3 replies
Legislative advocacy is the reason industry associations exist and your association's effectiveness and reach is the main benchmark on which to evaluate them.
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27 June 2024 | 5 replies
@Rajesh Sharma One of the biggest assetts of a good PM is if they are current with education and legislation.
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26 June 2024 | 11 replies
New legislation passed in January allowing ADUs on multifamily properties.
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25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
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26 June 2024 | 9 replies
You also need someone who knows the specifics of New York State legislation regarding tenants.
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25 June 2024 | 9 replies
I am uncertain about the mortgage part because I have grate interest rates being under my personal name.
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28 June 2024 | 100 replies
Statement Regarding Previous Forum PostDear Legal and Legislation Community,I am writing to clarify and correct any potential misrepresentations from my previous post dated [date of original post] regarding the real estate syndication deal I invested in, managed by Simple Passive Cashflow and Truepoint Capital, with Lane Kawaoka and Kyle Jones as General Partners.My initial post may have unintentionally conveyed inaccuracies or negative implications about the General Partners and the overall management of the deal.
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24 June 2024 | 13 replies
My concern.. if these big corporations are buying up a majority of houses, assuming there’s no legislation in place to stop them from doing so or sell them off, now IS the time to buy before they take everything from us over time.. it DOES seem like now or never.Regardless of recession and lay offs in the future, these big corporations will just buy more, they’ll never run out of money. and we will all have NOTHING.