13 January 2022 | 4 replies
A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, you should sit down and assess your personal finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.
3 October 2024 | 0 replies
Building housing is subject to a significant array of regulatory costs, including a broad range of fees, permits, reviews, and other requirements imposed at different stages of the development and the construction process, with both a direct cost and a time/delay cost.
14 May 2023 | 10 replies
Many are probably just lazy and find it " unnecessary" to provide so much information "just to view."
2 August 2023 | 72 replies
Putting 70k down is unnecessary, speaking just for my brokerage we only ask for 10k down for deals within the 250 - 350k price range.
5 January 2017 | 9 replies
As long as your lease is between the tenant and the LLC as landlord, and you obviously don't have any additional language where you personally assume any liability, the "on behalf of" is unnecessary, you just put your title next to your name.
9 April 2024 | 10 replies
You cannot impose an additional fee for an emotional support animal (ESA), but it's essential to obtain documentation confirming its status as a service animal.
19 September 2023 | 15 replies
(Remember that these are state averages, and individual cities may impose additional taxes.)What does the difference in overhead costs mean to you as an investor?
13 September 2023 | 57 replies
You clearly do not want them to stay as they are costing you money and causing you unnecessary stress.
30 May 2024 | 25 replies
Plus, you want your lease agreement to fit your business model, help you to reduce costs, provide for compensation from the tenant for administrative burdens imposed on you by tenant acts or omissions, provide for procedures tenant need to take for maintenance and other tenancy issues, etc.
10 July 2024 | 17 replies
Sometimes, they include extra unnecessary details just to throw you off.