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20 January 2025 | 31 replies
We explained to him we would pay for probate and pay to fix up the house to get it rented.The lease is for 5 years but dissolves once we close.
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6 February 2025 | 58 replies
I helped an investor get into a 3 bed 2 bath , 3 bed 2 bath duplex for 105k - each side is leased for 1250.
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11 January 2025 | 1 reply
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.
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8 January 2025 | 4 replies
Accounting for 10% management, 5% vacancy (2 year lease locked in on tenant that has been there 2 years already..) 10% cap ex, and 5% maintenance.
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30 January 2025 | 34 replies
No urgency or incentive to get them leased.
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21 January 2025 | 18 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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14 January 2025 | 25 replies
If you want the furniture, just negotiate that and put it in the contract.Could you lease it from them for those 3 months and operate under their permit till yours is available?
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6 January 2025 | 25 replies
Originally posted by @Mike Cumbie:Question 1 is do they have an existing lease?
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15 January 2025 | 8 replies
If you can rent it out, get it rented out, get a year lease, then start approaching commercial lenders for either a DSCR loan or a 2nd mortgage, with cash out.
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6 January 2025 | 1 reply
To evict a tenant based on a lease violation such as hoarding would require you to notify them and then give them an opportunity to fix the situation.