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17 December 2024 | 8 replies
The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.
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16 December 2024 | 7 replies
We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.
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17 December 2024 | 36 replies
They have rules and best practices about how we put these deals together which has collectively saved us from much of the pain being experienced right now in the multifamily space.
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22 December 2024 | 105 replies
It allows them to keep those afloat and can collect fees on that side by retaining ownership of the deal.
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16 December 2024 | 23 replies
And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.
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21 January 2025 | 59 replies
They charge and collect the late fees you might let slide.
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26 November 2024 | 3 replies
Generally, grouping allows you to count all your hours collectively toward the 500-hour threshold, simplifying the qualification process for multiple properties.
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15 December 2024 | 4 replies
@Rickie LattimoreGive up 95% of the equity - oversee the properties and collect a management fee.
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13 December 2024 | 7 replies
We joke that it's recession-proof because the Depression never ended.
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16 December 2024 | 7 replies
I actually collected the differential of 7% interest on the $50,000 note (this was an interest only note - not amortized) for 18 years!.