3 October 2024 | 3 replies
At the same time no matter how much excess insurance coverage you obtain, there will always be a policy exception for gross negligence and even negligence will likely be covered only under reservations of rights meaning the carrier can opt not to provide coverage.
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4 October 2024 | 15 replies
Here are my questions I would ask since there are very few reviews on BP:Are the returns NET or GROSS?
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2 October 2024 | 4 replies
The main issues are: 1. gross revenue has been less than half the projections the PM initially provided and what is on AirDNA, and 2. gross revenue has dropped 30% from last year to this year despite me investing over $125K in improvements (new pool, new fire pit, new landscaping, new dog yard).
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2 October 2024 | 1 reply
Some localities have gross rent floors that you have to hit before requiring an occupational license.
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2 October 2024 | 13 replies
Personally we use a yearly gross/net amounts and expenses the same way.So kinda the weighted average like @Drago Stanimirovic said.
4 October 2024 | 7 replies
The primary motivators in retaining it and dipping our toes into the rental space are: 2.50% APR and sufficient margin to cover maintenance/capex/vacancy based on "recommended percentages of gross rent."
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1 October 2024 | 1 reply
Long-term rentals typically derive at least 80% of their gross rental income from residential dwelling units.
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1 October 2024 | 12 replies
HI Shubham,Typically lenders will lend up to 50% of your total gross income assuming no debt.
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1 October 2024 | 4 replies
Do not operate your business negligently and certainly not with gross negligence.
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7 October 2024 | 35 replies
Management: Only when tenant occupied, the greater of: 5% of gross rent per month per unit or $100 per month per unit.B.