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15 March 2024 | 17 replies
Your PM can send her a notice of default with whatever cure period is required in your state.
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15 March 2024 | 1 reply
If they don't get it from the listing brokerage they'll require it to be paid by the buyer.All of this is supposed to happen by July.
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15 March 2024 | 2 replies
A lot more detail is required for an accurate assessment.
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15 March 2024 | 5 replies
@Tom Server most states only require a separate account for ALL security deposits one holds.Of course, this is NOT legal advice and check with a competent attorney.
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15 March 2024 | 3 replies
Buying an income property requires far more skills and services than buying a home.
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15 March 2024 | 2 replies
For holding security deposits the state requires that you use a bank located in the state of FL.
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15 March 2024 | 4 replies
STRs require a lot more cash up front so you just want to make sure you have a good idea of what you're getting into first :) I own STRs and love it but I also wish I had learned a little more about the analysis and management prior to going live - I did some of that on the back end and could have been successful faster.Another idea is to talk with some owners 1:1 to see what advice they would have for someone starting out.
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15 March 2024 | 17 replies
For a cash out most DSCR programs are going to require that the property has not been on the market for the last 6 months, but there are a couple who will allow after the property has been pulled from the market but will likely have a pre-payment penalty.
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16 March 2024 | 15 replies
The other 5% are people who "graduate" to needing a CPA/EA/Experienced tax preparer due to other specialized knowledge required.
14 March 2024 | 60 replies
I also am being required to sign a cancelation, but I never signed an agreement in the first place so they are not actually my PM.