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3 March 2020 | 81 replies
If there is use of a portal to make offers, any preferential treatment will not occur.
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10 March 2020 | 4 replies
The other resource you need is a good title rep who can give you access to an online title portal and the company's customer service dept.
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7 March 2020 | 1 reply
Two, when they looked at their portal, they weren’t defeated by the size of an unpaid balance.
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9 March 2020 | 4 replies
I have inquired through the bigger pockets portal, but I’ve had little luck there.
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21 March 2020 | 17 replies
It's easy enough here: https://msc.fema.gov/portal/search?.
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11 March 2020 | 6 replies
from the online case search portal.
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11 March 2020 | 9 replies
To add another $38,200 (for the additional 5%) just isn't feasible for us right now - as much as I would like to do that.Detailed Operating Expenses Property Taxes: $1,493/year (I called and spoke with the tax assessor since I didn't believe the Northampton public portal was accurate.
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19 June 2020 | 20 replies
Every original receipt is scanned in for the owner to see in their portal so they can use these expenses in their taxes.
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19 April 2020 | 0 replies
Perhaps a tenant portal, to easily communicate with them?
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22 April 2020 | 2 replies
We should instead work together to build a solution that ensures the moral support needed to get to a better place in life.I think the way the whole organization is structured will also provide another sense of accountability towards each other.Create a “Flip to Own” plan that lets future tenants be more involved with the initial renovation between occupants.Create a transparent “Monthly Operation Payment” that includes:An investment buy in (market value amortized over 30 years @ current market rate + .3%).Taxes & insurance (will also need renters insurance).Utilities (goal is to have a history of avgs, but will be paid as billed).Any cost associated with labor support for “Property Stewardship Guide” (basic cleaning and lawn care).Repairs and Maintenance budget (.1% market value, any expense related to maintaining current market value/ rent ready condition).Capital Expenditures- Major repair budget (.1% market value, any expense related to increasing market value and capital expenditures).Good neighbor assistance dues (.1% market value, covers accounting costs and assistance access).Create an app that makes monthly property management an easy habit.Pull information from Property Stewardship GuideIt keeps track of all the costs that determine the monthly payment, including utilities.It has a checklist of that months maintenance tasks, based on the standards of the GNA, that ensures the most effective life of the property.Have a portal to submit rent payments, using paypal or similar services.Build in an option to apply employee wages from the GNA as rent payments.Have a profile page with all the important dates and documents.Leverage these managing residents to build a coalition of labor support for the rest of the properties under the GNA umbrella.If they are all employees of the GNA non profit, then we can distribute benefits including healthcare, retirement savings, etc.Create a rolling pay scale:Offer work in exchange for equity ownership in other projects.When the current managing resident is ready to move, they can either cash out remaining repair budgets and equity, or leave their equity in and share the profits with GNA equal to their equity share.The managing resident will partner in the process of getting the house back to full market standards.Use the stockpiled repair budgets to fix their respective categories.Use built up equity if repair budgets don’t cover that cost.The remaining repair budgets will be applied as a direct principal payment.If the managing resident wants to cash out, then the GNA will buy back the property at the current market price.Both parties will pay their traditional closing costs if applicable.If the managing resident wants to remain an equity partner, then the title is changed to reflect that business relationship, and the managing resident receives monthly payments equal to their share of rental profits or interest payments of the next resident.Previous managing residents must create and manage their own LLC.If the previous resident has more than 50% ownership in the property, then they are in charge of managing the property.The monthly payment for the previous residents equity will be equal to their percentage of ownership times either the interest earned from the next resident’s purchase, or from the profits if it is run as a traditional rental.