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18 July 2022 | 10 replies
Now that a year has gone by, the state is asking me to renew the LLC.
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31 July 2022 | 30 replies
I renew with rent increases, while private Landlords may go a decade or more without a single increase.
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18 July 2022 | 10 replies
I'd tell them that you are not renewing or you increase the rent.
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26 July 2022 | 8 replies
Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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27 July 2022 | 18 replies
Suburban office is definitely looking better than downtown currently.Our LLC has a two-story suburban office asset with spaces in the 650 - 1300 sq foot range in the Upstate of SC, and it has held firm throughout COVID with three tenants renewing over the past 10 months with no missed rents.
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30 July 2022 | 34 replies
Also Hotpads and Rently sometimes contain listings not mentioned elsewhere, so it's always good to cross reference multiple sites.I'd also mention (when you are leasing or renewing your rentals) not to be afraid of challenging your PMs numbers if you feel confident in doing so.
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26 July 2022 | 8 replies
Anyway, for the past couple of years, when came around to notifying about her lease renewal and rent increase, she always managed to complain about repairs/issues we've supposedly neglected to fix in her apartment.
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1 August 2022 | 9 replies
The investors trying to make their first million often do not understand this as they are at a different point in their life and investing journey.If I am worth 20 million I can take 10 million cash and buy larger properties for better cap rate and usually achieve 6% or better cash on cash and with mortgage paydown hit double digit annual returns and do nothing but collect a check.As for someone not renewing after 25 years then great if rents are below market upside for me and land likely worth a ton more than 25 years ago and traffic counts much higher.
28 July 2022 | 10 replies
My props are in NY, and according to NYS rules, you cannot deny housing for people currently in treatment or who are "recovering addicts"- it's technically a protected class in my state.If you do not want to renew leases you may want to see if there is anything else you can get them on, but you do need to tread somewhat lightly with drugs.
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7 August 2022 | 8 replies
Licenses have to be renewed every 2 years so if you leave CA after 2 years you could just go inactive if you do get licensed there first.