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26 July 2024 | 9 replies
You could always use those to prove they were smoking up; with that proof you can either move to evict or simply hold security and at least have some sort of proof.If you install a marijuana smoke detector I wouldn't even tell them what it is (aside from a smoke detector) as they might try and disable it.
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23 July 2024 | 6 replies
Because we do commercial construction in the area, we know from speaking with the P&Z that the most likely scenario for building here would be either single family homes (can fit approx. 6-7), duplexes (can fit 4 side by side units) or townhomes (can fit up to 11 with zero-lot lines).
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26 July 2024 | 1 reply
I assumed compliance never communicated with the sales rep. and saw the large transaction amount done wrong the first time, and decided to block me EVEN though it was done exactly how they requested the second time.
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26 July 2024 | 8 replies
There have even been discussions here about how to handle deceased tenants that would be best handled by having gotten such personal contact information!
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24 July 2024 | 5 replies
Is it a good idea to favor one or the other, or incorporate a little bit of both into a single mailer?
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25 July 2024 | 6 replies
You also will almost always run your property better than a PM company, especially early on in your career while you are focused so it is hard to describe how much better of a deal you need to have if you are buying small multi units or single family.
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23 July 2024 | 5 replies
@Nick WehrleyTalk to your cpa - it may matter if it’s a single member LLC or multi member etc as well as if you were taking depreciation on it and how have you treated it tax wise in the pastNot a cpa nor pretend to be one but a lot of unknowns that you should review with your accountant
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25 July 2024 | 3 replies
made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.
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23 July 2024 | 13 replies
The plan is to hold it long enough to see appreciation do it's thing AND in time we have the option to turn it into an entire house airbnb or even a long term rental for passiveness sake.
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25 July 2024 | 4 replies
Even just an accurate rent estimator would be huge.