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14 September 2024 | 6 replies
If it is a regular rental, draw up paperwork that clearly outlines how much money they lent you, when it will be paid back and how much (eg if you buy a house for $400K and 10 years later they move out and it sells for $500K-do they get a percentage of the profit (after taxes and costs)?
16 September 2024 | 6 replies
There are other methods such as sq ft percentage of use.
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16 September 2024 | 21 replies
Fortunately, a very large percentage of our tenants deserve positive LL reference so it has seldom been a problem.
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14 September 2024 | 9 replies
This may help you figure out an optimal down payment percentage that may be somewhere between the 3.5% and the 40% that could give you a higher CoC return.
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13 September 2024 | 10 replies
When other managers do a percentage usually the percentage is of the monthly charge not of the outstanding balance, but it could be different where you are.
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13 September 2024 | 12 replies
You might even call some of your competitors and strike up conversations about how you generically want to open a bed and breakfast elsewhere and see if you can get them to disclose their occupancy percentage or any other valuable data.
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13 September 2024 | 16 replies
The exact percentage depends on factors like your credit score, the type of loan, and whether you’re buying single-family homes or multi-units.A few tips:Research both markets thoroughly (Southern California vs.
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12 September 2024 | 4 replies
So as a percentage of rent, low rent units need higher percentage hold backs.
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15 September 2024 | 38 replies
However, these as-is based appraisals are the bread and butter appraisal they are used to doing, and you will more often see on-time appraisals, and a MUCH higher percentage of at or above purchase price appraisals, than with the ARV based valuations.
14 September 2024 | 10 replies
For Conventional, there is no percentage/factor reduction where there is historical income figures to work with (reported a tax form)- the figures from the tax return are used.