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20 March 2020 | 6 replies
That will essentially fire your current agent and move the policies to the new agent of your choosing.
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19 March 2020 | 5 replies
This specific example was that the landlord was not making necessary essential repairs and in the end only was entitled to half of the withheld rent.
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20 March 2020 | 3 replies
From personal experience of being in my first Lender financing, this is what I've found;1- Lots of paperwork to provide during your first Loan request which takes time to complete2- You do NOT get any money up front3- If you are buying materials, to cut your costs like I'm doing, you will need to have a means to buy them first before that money is reimbursed to you from the Lender4- There are fees for making Draws on your Loan, so you will need to calculate those fees into your loan expenses and possibly limit the number of Draws.5- Contractors may not get paid for an extended period of time since they will have to provide an Invoice of completed jobs which are submitted to get the Draw.
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19 March 2020 | 1 reply
I am all about developing systems, and if there is even one outlier in a process, I essentially no longer have a system.If I post a physical notice on their door, I still have the possibility of a denial of receipt ("it was not there when I got home that day!")
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20 March 2020 | 4 replies
Jared Polis, Michael Hancock and John Suthers websites should also have more local resources for accessing help.Colorado executive order 20-22 closing all non essential businesses such as hair and nail salons until May 1.
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25 March 2020 | 11 replies
If one party is in breach and the other terminates the contract during this crisis, showings, inspections, and appraisals probably won't be considered 'essential services' during shelter-in-place orders.
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22 March 2020 | 10 replies
Essentially, they each state that the buyer could be liable for compensation to at least their representative agent in the event that they default.
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20 March 2020 | 8 replies
But due to the health crisis, I will let it default to M2M until the crisis is over, and crisis is over when the eviction suspension is lifted.during the M2M extension period they still have to pay rent, and if rent is short you will start applying the double deposit to the rent until the deposit is depleted.Hopefully by then the situation is better where they can move out and part way amicably.I don't think I would do showings at this time, and this is a most likely a moot point as more and more states are heading to close all non-essential businesses.
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29 March 2020 | 19 replies
So essentially, i am "borrowing" the heloc money from that first house, then using that heloc money as a downpayment for the second house, but i need to pay bacl that heloc money (with interest).So i think it would only make sense to use heloc, like you said, if i know that next property would cash flow enough to cover that heloc payment i took out?
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22 March 2020 | 5 replies
you won't be getting much yield though now that the fed essentially slashed rates to 0