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6 January 2025 | 7 replies
That's because the city won't calculate the actual amount till a structure is built, aka it's not just a plot of land anymore.This will obvious cause your property tax bill to go up and also your mortgage escrow account as well (sometimes these things can make your mortgage shoot up a few hundred a month).
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28 December 2024 | 12 replies
I actually have a fee in my lease if a tenant wants me to physically pick up a payment.
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14 January 2025 | 329 replies
I just can't evict, only a Sheriff can physically evict.
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14 January 2025 | 17 replies
What does it tell you when a city can't afford to put a few structures with colorful lights for the holidays?
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3 January 2025 | 2 replies
Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often.
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19 January 2025 | 55 replies
I am sure Appfolio has similar features, but the pricing structure is dependent on your needs and door count.
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9 January 2025 | 12 replies
I’m still learning the ropes of property management, so I really appreciate the opportunity to exchange ideas.At our property, we have a structured screening policy influenced by the Federal Fair Housing Act since our location falls under its scope.
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6 January 2025 | 5 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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1 January 2025 | 26 replies
The deal is structured with partial seller financing ($766k) below market rates (varied on each unit).
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30 December 2024 | 6 replies
Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.