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3 April 2024 | 4 replies
That said I'm not sure the TCO will help here because it is a meter set with PGE, not something that is a City permit issue...maybe they can allow it with a temp pole/meter but I wouldn't count on it.
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3 April 2024 | 15 replies
The main issue with multifamily STR deals is financing.
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3 April 2024 | 0 replies
We had an inspection done and and then negotiated the price down to $197,000 from $250,000 based on the fact we would allow my husband's step dad rent a room during ski season, the faulty roof, and other issues with the property.
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3 April 2024 | 2 replies
As a parent to do this for a child, it is only acceptable if the child has a documented disability which prevents them from being able to work/ earn income.if parent/borrower is in one state and the child is in another state, i don't think this is an issue.
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3 April 2024 | 3 replies
The issue is he needs one with 10% down vs. the 20% that we're finding, if that exists.
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3 April 2024 | 12 replies
Folks just have to realize NO money up front and especially.I wish BP would be able to tag the American Greed episode on REmington financial and tag Ingrid Robinsons website .. these were classic cases of fake lenders.. with Ingrid being the victim and taking down Remington who had been doing this for over 20 years.. those guys had some cajones they took Due Diligence and deposit money for all those years but never over 10k so anyone complaining it would not go anywhere.. it was said on the show that in all those years they closed no more than 3 or 5 loans.. both the principals got major prison time.the issue today is most of these folks are hiding on the internet or are off shore very tough to catch and your not getting any funding or money back thats a given.
3 April 2024 | 6 replies
I recently ran into this question with my remote multi-family property so want to see whether people have any thoughts or what should be normal practice.I hired a local 3rd party property management company to help me monitor operations, manage payrolls, and handle issues for my remote multi-family property.
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3 April 2024 | 20 replies
Where I had issues was during construction and getting the checks from the lender.
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3 April 2024 | 8 replies
Quote from @Joseph Milano: I would talk to the renter to see what they want to do.The easiest method is to get tenant's permission to apply the funds toward their next month of rent.If they prefer the money back, I would issue them a check, money order, or cashier check when they sign the new lease.