24 October 2024 | 18 replies
I think it is very difficult if not impossible to write a lease from scratch and get it right - experience in both representing landlords and tenants over time leads to better and better language.
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21 October 2024 | 10 replies
(These averages represent state-level data, and individual cities may levy additional taxes.)To achieve the same level of cash flow as a property in Nevada, you would need to generate a higher cash flow in Texas to offset the higher operating costs.
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20 October 2024 | 3 replies
I have emailed the new agent representing the sellers the amendment for extension of close plus the manager at this real estate agent's office.
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19 October 2024 | 25 replies
While the proposal won’t solve housing issues in dense urban areas, it represents a step forward in the fight to make housing more affordable.
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18 October 2024 | 10 replies
Then you have a state representative coming in and checking on the condition of the property routinely so it’s much easier to stay up on repairs.
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19 October 2024 | 7 replies
@Ardin CychoszThis is where each party should get an attorneyA buyer and seller who both have no education or experience probably is not going to end well and you cannot have someone representing both of you.Get an attorney and if you cannot afford one then you should reconsider whether you can afford a home.
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23 October 2024 | 38 replies
To make matters worse, my CRM was wiped clean of all leads—first about a month into the program, and then again recently.Considering that I am investing approximately $2,000 per month in PPC campaigns, these lost leads represent a significant financial blow.
21 October 2024 | 1 reply
However, many real estate investors use the inspection to determine if the property is a good investment.Here’s more information about these two steps:Home appraisal: Mortgage lenders require a home appraisal to ensure the sale price represents its current market value.
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18 October 2024 | 13 replies
Representing buyers or sellers, renting or leasing, auctioning real estate all require a license.
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17 October 2024 | 1 reply
The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)