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29 July 2017 | 7 replies
For rental management, it looks like Re-Leased and Tradify are partners from a property management perspective.I come from an accounting background (Tax Accountant with over 25 years experience) and have a lot of experience setting up systems (SAP, BAAN, ORACLE, PEOPLESOFT, etc.) and integrating them with Sales Tax Accounting systems (Vertex, Taxware, Sabrix, etc.) so I'm not the right person to ask if it's easy to setup.
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5 October 2017 | 4 replies
Have a situation as follows a need advise:In the process of buying a property in S Tampa which has an Engineering report of "sinkhole activity' in Public Records due to a previous owner claimNo records whether the claim was paid/house was repairedNo record that the house is actually classified as sinkhole propertyHowever insurance companies do read thisHas spoken to foundation specialists who claim that property doesn't have a sinkholeFormer Owner doesn't want to release any information on the property/whether claim was paid/etcPlan is to repair the property and put it for rent for the next 2-3years, later make it a lot for new constructionBased on above, have the following questions:Anybody had experience repairing sinkholes and how was the process?
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30 July 2017 | 33 replies
@Russell Brazil Who releases the escrow?
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9 August 2017 | 7 replies
You can use a bridge lender to get into the properties and then refinance into permanent financing.If you do decide to go this route and blanket all ten properties make sure to ask about partial releases in the event you want to sell one property or refinance one at a time.
30 July 2017 | 5 replies
Also, if you are trying to do the work yourself, you will need the repair funds in reserve as the bank will not release funds until work is done.
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3 August 2017 | 3 replies
Lastly investment comes with the risk, how does it matter if the most celebrated company on BP offered you a property in war zone or your properties are in that 4% average vacancy and the only property that got vandalized.
5 August 2017 | 8 replies
If the bank makes you pay down to 75% before they release the need to buy mortgage insurance you will have to pay it down to $165K in order to have the mortgage insurance dropped.
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7 August 2017 | 11 replies
I've done my reading and practice on analyzing properties and Im more confident than ever in moving forward with the next move, purchasing the first rental property (releases the doves and plays the holy music).
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29 April 2017 | 2 replies
I will be releasing a beta for my site soon, but I wanted to share some of the results for input.
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17 November 2019 | 35 replies
Reason you have that policy is to establish maintenance records so you don't have someone claim that you destroyed or withheld evidence.Wal Mart will not release security video without a court order, that's because others can use their video to prove a case, like an accident.