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1 October 2024 | 2 replies
The partial exemption is usually granted if you have to sell due to certain circumstances like a job relocation, health issues, or other unforeseen events.
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2 October 2024 | 5 replies
I did STR in a duplex starting back in 2017 and managed for others in North Conway, Ive since converted to all long term tenants and happy i did so... unless your property has something unique or a "rare" amenity.... like, sleeps 30, I honestly would not waste any energy on it in the north Conway area. so saturated, and so much big money being invested in the hotels, its tough to match amenities vs cost, and I see travelers trending back towards the hotel style accommodations. granted, for the right price, I'd buy anything and figure out what the best use for it is. use airdna.co for decent data on # of Short term rentals in any particular market. can also identify opportunities. the point of my response.... be careful in STR in any area and always have a plan B. you can change a lot of things about a property, but your cant change your basis!
1 October 2024 | 4 replies
From the title insurance, the road says public rd, we also obtained fr title company of a grant deed fr 1963 that says “reserving easement” of this same road.
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4 October 2024 | 13 replies
As a landlord, I verified the work needed by pictures being sent, and arranged for a contractor to go in person who is licensed and insured to give an estimate for the work stating to management company this would likely have to come out of a security deposit.The management company was initially asked prior to me arranging this appointment with contractor, to have someone professional quote the damage, and they disregarded my wishes and without my knowledge, or notifying me, granted consent to the tenant to fix the door " in any way they see fit, and to attempt to fix it themselves to the degree of their liking."
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4 October 2024 | 16 replies
Now, despite this it is profitable, but key aspect is the special annual grants they get for having that % of total portfolio as subsidized housing.
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2 October 2024 | 38 replies
Quote from @Masyn Grant Barney: Utah had a bill passed (SB240) with limited funding (it has been plenty so far) that gives $20k to first time home buyers in a form of a 0% loan that is paid back on refinance or sale.
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2 October 2024 | 12 replies
Always question what you see and don't take anything for granted.
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7 October 2024 | 190 replies
The SEC is concerned with volatility, which is smoothing out with the billions coming in from steady hands and will smooth out further as the market cap grow's, custody - which has now been granted to banks, and manipulation - which not even the investment banks can pull off.
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1 October 2024 | 26 replies
Also note that we have waived a previous NSF fee as well as daily late fees for this tenant as a courtesy in which we made sure she understood it will not be granted again.
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29 September 2024 | 6 replies
The definition includes, but is not limited to: Negotiating, promoting, or advertising the sale, exchange, purchase, or rental of real property, or the granting or acceptance of an option to sell, exchange, purchase, or rent an interest or estate in real estate or a time share.