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30 December 2024 | 4 replies
Tenants may not occupy residence without utility service except during brief interruptions beyond your control.
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30 December 2024 | 0 replies
The TL does not have any personal information about those leads, except the fact that I have been talking to them.- The TL states that those are technically the team's leads and I will owe the 20% if they convert within the year since I was given training (which I was not), lender referal (which was forced on me by the TL even though I work with my own lenders for my clients).Is the above statement true/legal/valid?
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28 December 2024 | 12 replies
Quote from @Drew Sygit: We give our tenants as many options as possible - EXCEPT picking up their rent.Exactly.
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2 January 2025 | 10 replies
No one understands (except the PM) why it cost $100 to send the maintenance guy to change $3 worth of batteries.
29 December 2024 | 9 replies
With actual cash, you just transfer it. yes, but you can still bid with lender approval - without appraisal contingency - you send in deal (app), it gets approved by lender its functionally the same as cash (except in true lightning speed situations where there is a quick auction with little time to prep but thats generally pretty rare I'd think)Right, but that's not cash or functionally the same as cash because the lender can change the terms at the last minute, as often happens with less experienced hard money lenders.
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31 December 2024 | 97 replies
A quick search shows that Ohio is a Caveat Emptor state with only 1 exception, latent defects.
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7 January 2025 | 28 replies
Hi, Jorge - My MTRs are in California, too, and we have exceptionally high bills in the summer time especially for AC usage.
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21 January 2025 | 74 replies
I do not know him except for in this course, but Lee Arnold seems like someone I would like to work with.Again, not promoting anyone or anything.
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25 January 2025 | 155 replies
Quote from @Ryan Hakes: @Jay Hinrichs Incidentally I heard about this from an ad on Facebook so came here for explanations and comments as the ad was clearly intentionally ambiguous and designed to put you into a marketing funnel.Incidentally, it's perfectly acceptable to write into an agreement that earnest money shall be due 3-5 banking days after acceptance which is enough time to use your end buyers non-refundable deposit (except for free/clear title).
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1 January 2025 | 3 replies
The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.