17 January 2025 | 5 replies
You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.
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19 January 2025 | 6 replies
You’d be able to pull out $330,455, which is significantly more than your initial $236,930 investment.Your Initial Investment Back: This means that in 5 years, you’ll not only get your original investment back but also keep an additional $93k in your pocket.However, there’s a downside:Negative Cash Flow Impact: Over the next 5 years, due to the negative cash flow of $1,229 per month, your total cumulative loss will be $(60,153).
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19 January 2025 | 8 replies
You probably won’t be able to sell with 9 years without taking a loss.
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6 January 2025 | 2 replies
There isn't enough information in here about the current state of the house to be able to advise you, but I would think #3 is a definite no as it seems unnecessary from a cost perspective although that market has scale to accept it.
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30 January 2025 | 45 replies
You can claim to be the best guy in the world at finding and analyzing deals, but when the market turns against you, and you just went all-in, even on the best relative opportunities that market had available at the time, there is nothing you can do to prevent losses, especially if your debt has a maturity date that will force your hand.Timing the market is an interesting concept.
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15 January 2025 | 13 replies
The online eFile providers can do it for you, sometimes for free.Warning: Email is NOT secure, and you will expose your contractors to unnecessary risk of identity theft.
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18 January 2025 | 8 replies
This long vacancy period can result in significant loss of income and added holding costs.
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10 January 2025 | 2 replies
However, it adds up quickly if you analyze the cost of turning the unit, marketing, vacancy loss, and your team's time to find a new tenant.
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14 January 2025 | 9 replies
Let the tenant vacate, and you have one month to find a replacement before you incur any losses.
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15 January 2025 | 12 replies
- Do you think it’s worth challenging the appraisal with Kiavi, or should I just cut my losses and move on?