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26 November 2017 | 14 replies
In CT 1-1.5 months was fairly common from offer to closing (standard financed contracts), as the offer submitted was on a Contract.
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26 November 2017 | 5 replies
You should include Property Management even if you are self managing.You need to analyze the deal as if you are not living there to ensure it will cash flow when you move out.
26 November 2017 | 2 replies
It’s not fair but I’m guessing the alternative is you don’t close, which will likely cost you more money assuming you’ve already paid for an inspection, appraisal etc.Have you simply asked what happens if you don’t pay it?
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27 November 2017 | 23 replies
Thank you, Dave The Fair Housing Act is the pertinent law.
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30 November 2017 | 11 replies
I've also seen some ordinances out here in Inland Empire where you need to ensure your grass/lawn is kept in order, so some landlords would actually pay to maintain that on behalf of the tenant.
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26 November 2017 | 3 replies
The best way to ensure correct filing is to have accurate bookkeeping and records.
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27 November 2017 | 5 replies
In other words, try to be fair and competitive if you really like the house.Good luck!
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27 November 2017 | 11 replies
I cannot see how he can sell his 50% interest and repurchase it in an exchange.So JS could not sell his 50% interest in the 2 lots to "A LLC" -- this stuff should be simple or maybe it is but I feel I'm making it too complicated...haAlso could I Shane H - sell my former primary residence that I've placed in service as a rental and have a tenant in to "A LLC" for fair market value?
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29 November 2017 | 6 replies
Stress testing your expenses in a worst case scenario where you need to replace a large ticket item down the line is a safer way to ensure that the property will always cash flow.Also the only thing catching my eye is the ARV stays at the purchase price even after putting in $5,000 for rehab.
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1 December 2017 | 18 replies
Fairly common scam.One thing perhaps you can do as well is go when they are not there.