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17 January 2025 | 20 replies
However, with a SFH you will lower your standards when vacancy arises more than one month as you have no income coming in to male that payment.
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2 January 2025 | 18 replies
I'm not showing up with a standard set of interview questions to ask them or anything of the sort.
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14 January 2025 | 329 replies
All he has to do is to not make it a "blanket" moritorium and make the tenants prove economic hardship through predetermined government standards and let us evict those taking advantage.
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10 February 2025 | 62 replies
i couldn't do a BRRRR last year because I got outbid on everything i went after.the points i was making are that (1) success right now is therefore taking more effort and (2) standard LTRs in good neighborhoods are still a great long-term strategy, but they don't cash flow.
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3 January 2025 | 26 replies
While technically negotiable, the Sitzer/Burnett case revealed that the industry practice effectively standardized these rates.
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5 January 2025 | 33 replies
To invest in Section 8 housing, look at areas such as Cleveland, Columbus, Cincinnati, and Dayton, choose safe neighborhoods, study Section 8 standards, analyze property types, and explore financing choices.
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7 January 2025 | 11 replies
-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 January 2025 | 9 replies
@Connor O'Brien CHA does release payment standards that can be found on their website but those are maximums, not guaranteed.
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23 January 2025 | 165 replies
They have to meet modern codes and SEQUA requirements.. this is what stops building on lots that would not be buildable with modern subdivisions map act standards or modern zoning. in the hilly areas road widths and slopes will not meet Sequa so they stop building on those lots there are thousands of the lots scattered around LA county and these are the lots you see going to tax sale all the time.
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6 January 2025 | 4 replies
For instance, mismatched names, employment details, or salary figures should warrant further scrutiny.Urgency to Move In: Applicants who are unusually pushy about quick move-in dates may be attempting to bypass thorough checks.Reluctance to Provide References: Hesitation or refusal to provide contactable references from previous landlords or employers is a cause for concern.Cash Offers for Faster Move-In: Proposals to pay a significant amount up front, especially in cash, to expedite the moving process can sometimes indicate an attempt to avoid scrutiny.Unverifiable Identity: Difficulty in verifying the applicant’s identity through standard identification documents can indicate potential fraud.Tips to Mitigate Rental Application Fraud:Enhance Verification Processes: Implement stringent verification processes for employment, previous rental history, and identity.