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22 August 2024 | 1 reply
.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes.
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24 August 2024 | 26 replies
To be fully city compliant you must have an "authorized property" manager that lives in The City of Cleveland if you are out of state.
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23 August 2024 | 17 replies
She doesn't own the property, under what authority does she have to issue leases?
21 August 2024 | 8 replies
I've been seeing: AS-IS contract, Sub to addendum, Authorization of release, power of attorney.
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21 August 2024 | 28 replies
Under IRC Sec 61, Congress intends to tax all gains or undeniable accessions to wealth, clearly realized, over which taxpayers have complete dominion.Treas Reg Sec 1.61-1(a) provides that gross income includes income realized in any form, whether in money, property, or services.
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20 August 2024 | 14 replies
And I maintain that IRS Publications are not an authority for anything and contain multiple errors.
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20 August 2024 | 3 replies
Now today on the 20th at 130pm with a close tike of 3 pm, the underwriter decides that they don't like that because I'm so young and so fat have only been an authorized user on a credit card (having been renting and paying for utilities for a year though) and haven't been making the payments, that now I would need to have a cosigner (which doesn't really work since everyone I know have too many write offs) so now I'm in limbo while I wait to see if there's any other solutions.
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21 August 2024 | 10 replies
What you always want, in any eviction before any district magisterial judge here in my area, is a clear open-and-shut case where you are obviously high on the Mountain of Right, while the tenant is deep in the Valley of Wrong.But I don't operate out of Dallas and I really can't tell you with any real authority what's best there.
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21 August 2024 | 8 replies
However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,000 per month, which has made this strategy less viable.Now, I'm considering mid-term rentals (MTR) for better cash flow and less management compared to short-term rentals (STR).
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20 August 2024 | 19 replies
Advise the owner of any repairs exceeding the scope of this agreement.Price: $5800 / yrBuilding: 15,000 SF.This is a company that is on the list of 'authorized applicator' approved by Carlisle, our roof warranty company.