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24 July 2020 | 17 replies
Allowing you to reduce your housing expense & put that saved BAH towards other rental properties.
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15 June 2020 | 11 replies
Lots of people have been impacted by the pandemic (reduced hours, reduced wages, or been laid off).
9 August 2020 | 75 replies
If you can find someone like that then the risk is greatly reduced.
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10 June 2020 | 4 replies
However, any money saved from sweat equity can be used for additional improvements or used to reduce your loan balance.
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19 June 2020 | 19 replies
You don’t need a lot of money down and will drastically reduce your living expenses while you earn equity.
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14 June 2020 | 22 replies
. :)If you have a $100k W2 income, then your rental losses, including depreciation, can reduce it down to $75k but not below.
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10 June 2020 | 11 replies
If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them to set up a "contract to hold" meeting - usually the day after the showing since qualified applicants need to be "closed" ASAP.
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10 June 2020 | 12 replies
In your situation, it would be good to get an idea of rent vs pet fees, because if a tenant gets rid of their dogs, their rent would be reduced during the current lease.
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15 June 2020 | 9 replies
She had two questions, which I don't know the answers to, so I'm asking y'all, and whoever knows about this topic, please speak up :)1) If she sells her rental the traditional way, and gets all her money out at once as a lump sum, can she put that money towards paying down the mortgage on her primary residence to reduce the capital gains taxes?
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9 June 2020 | 1 reply
I know that the landlord can be considered liable for falls/ slips if/when it was deemed they were negligent in addressing an issue that caused the fall/ trip (ex. knowing of a leaking pipe which caused floor to be wet) However, in this instance where it was due to actions of the tenant, would you initiate interventions to reduce the risk of future falls?