28 June 2024 | 10 replies
I'd echo @Mason Bear's point to come and put your physical eyes on the property during the day and evening to see what you are getting into.
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24 June 2024 | 0 replies
Two months ago, I initiated a Physical Fitness Class, which has quickly grown to 200 members.
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26 June 2024 | 5 replies
But I don't have a physical office location, I work remotely with clients all over the US.
28 June 2024 | 13 replies
Once you are out, we will inspect to verify there's no physical damage to the rental and refund your deposit immediately.
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26 June 2024 | 9 replies
That takes very knowledgeable contractors and maintenance, and staying proactive with your management of the physical property itself.
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25 June 2024 | 1 reply
For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.
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27 June 2024 | 9 replies
Give them the required notice to enter their unit for a physical inspection of the property and go in.
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27 June 2024 | 14 replies
Until you work out the bugs in your sysyems and procedures.Or, if you invest farther away, do a personal, physical (not Zoom) walkthrough of the property before you sign off on it.Surprises and out of state investments, don't make good bed fellows.
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27 June 2024 | 11 replies
Not a terrible idea, but here's where I would urge you to exercise some caution. 1.
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27 June 2024 | 26 replies
@Linda Weiner, you can exercise that exemption only once every two years.