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18 July 2017 | 18 replies
I would probably piggy back some on Peter's idea and cite the lack of basic building knowledge some tenants have, with interesting examples like....pulling out a dryer to get a lost quarter but disconnecting the vent inside the wall to then vent moist air into the framing causing expensive (thousands) rot repair.putting a tarp on junk (literally) but slanting the tarp angle right into the siding in rainy season (rotting your new siding--but preserving their worn out tires).attachments to clutter, rusty junk, semi-operational cars and illogical desire to retain said junk and debris.I sort of also fall back on the divide between some of the personal management skills of landlords and tenants (realizing it may be why they are tenants, for example).
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3 November 2017 | 3 replies
Even though the current proposal is not 100% of what we had, the FEA is grateful for the efforts of the many members of Congress and congressional staff who worked hard to preserve the core aspects of Section 1031.Released yesterday, the "Tax Cuts and Jobs Act," should move quickly through the legislative process.
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29 September 2014 | 5 replies
As you said, the key to good management is helping your client reach their investment goals; including cash flow, asset preservation and value creation.
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4 April 2019 | 38 replies
It is low on their list compared to wealth preservation and tax benefits. 6% of 1 million investment is 60,000 if paying all cash.
27 October 2020 | 12 replies
How do you suggest structuring the concession to preserve rights later?
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4 June 2022 | 14 replies
I would have much preferred the older, smaller ranch home to the ugly new build, but it wasn't worth the $$$ required to preserve my view.
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3 January 2023 | 31 replies
If the Board is not fulfilling their duty as a fiduciary to all of the owners by not properly maintaining, protecting, and preserving the common and limited common elements, you will have unexpected maintenance fee increases or special assessments to "catch up" with long deferred maintenance.
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17 September 2016 | 10 replies
In states where the process is fairly quick, for a first in default, you shouldn't have years of property taxes, force placed insurance, preservation costs, etc. like we do here.
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10 March 2017 | 38 replies
The way I was taught: If you've accumulated a lot of capital and you're just looking to earn a decent return, without substantial risk (preserve capital) invest in single family rentals, multifamilies, fixed assets like Bonds...You get the idea.
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25 October 2015 | 8 replies
I haven't been back since then because I want to preserve the sleepy little town in my mind.