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7 April 2020 | 14 replies
@Alex Jamael Heyy mannn Congrats in this whole thing, I don’t have much to tell ya just yet cause I’m brand new.
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3 April 2020 | 4 replies
Mortgage $2550/ mth , Then $1600 from each unit was $6400/mthly revenue then after expenses such as PITI, Vacancies, CAPEX, repairs, PM, not including UTILITIES cause I’m assuming everyone is paying that themselves but your expenses would be around $4800 leaving you with $1600 cashflow.
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4 April 2020 | 6 replies
As the days get longer the market slows, as it get's shorter it causes prices to goes up.
17 January 2021 | 14 replies
., having started rehab on it (nothing has been done), then saying there were squatters in it who caused damage not covered by insurance (didn't happen), that his contractor had received rehab money and materials were stolen that insurance didn't cover but there was still "a good chunk of the money left" (contractor verified he never received any rehab money from Dustin), and the last straw being that there was insurance on the property.
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4 April 2020 | 12 replies
Im sure this pandemic will cause many leases to include a clause for such issues we are facing today.
7 November 2021 | 7 replies
., having started rehab on it (nothing has been done), then saying there were squatters in it who caused damage not covered by insurance (didn't happen), that his contractor had received rehab money and materials were stolen that insurance didn't cover but there was still "a good chunk of the money left" (contractor verified he never received any rehab money from Dustin), and the last straw being that there was insurance on the property.
7 April 2020 | 1 reply
I've had my current job for 2 1/2 yrs making 75K per year and have a clean background but before I had my current job I was unemployed for a while and ended up filing for bankruptcy causing my credit to take a huge nose dive (sub 500 range). my Question is: to avoid the credit requirement (I wouldn't be able to find a co-signer) would I be able to put an entire lease down as a security deposit and pay my rent as usual so long as my income qualified?
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3 April 2020 | 3 replies
I would send the tenant a letter advising them that the deposit would be held until normal operations are able to resume or until you can get someone in there to repair the damage they caused.
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12 April 2020 | 76 replies
I can agree with saying that this will cause a thinning of the herd so to speak though if it gets much worse.
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27 April 2020 | 4 replies
I know and do understand Covid-19 has most likely caused this and I understand that and want to be understanding but want to understand my rights.