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12 October 2021 | 5 replies
They should pay for having the entire roof done properly.
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12 October 2021 | 5 replies
They will know the proper way to serve notice and evict.
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11 October 2021 | 3 replies
Instead of ***contributing from my personal bank account to LLC's business account, I know you can give a ***loan to the LLC with the proper note, interest and etc.
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17 October 2021 | 24 replies
Make sure your agent knows what he or she is talking about and can properly help asses cost.I have seen properties with 10% of rent roll allocated for CapEx and Maintenance when the real number is 30%
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15 October 2021 | 10 replies
When someone is on a month-to-month lease, you can terminate their lease by giving proper notice.
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13 October 2021 | 4 replies
Regardless of what an investment summary looks like, you have to be able to swallow your initial impressions (good or bad) and look at the numbers and business plan for what they really are.If you decide to invest because the investment summary looks pretty, you may be putting yourself at risk, if you haven’t done proper due diligence on the deal and the team.Project name (often the name of the apartment complex)Photos of the property and areaOverview of the submarketOverview of the dealDetails of the business planProjected returns and exit strategiesDetailed numbers and analysesTeam biosIn a 1 page summary, you get bits and pieces of each of these elements, though you would need the full investment summary to get all the details.If this executive summary landed in my inbox, here’s what I would do.
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13 October 2021 | 2 replies
As such, you technically should ahve copies of the keys and can access the property with proper notice.REALISTICALLY, they still think of it as their house/home and won't cooperate.
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14 October 2021 | 3 replies
If you are suing a vendor or a 1099 worker you better be dam sure you are using them properly.
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13 October 2021 | 6 replies
And is this Pittsburgh proper, or the near 'burbs, or are you talking about some place out in deer-crossing country in Washington County or up in Beaver?
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15 October 2021 | 15 replies
As such, I am thinking that if the rent is raised to the proper rate on the month to month tenants(to align with the others), they may take off and destroy the cash flow.That being said, I would put the question to you, of those who own multifamily properties, would this raise a red flag for you and what are your thoughts?