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14 May 2023 | 7 replies
If they are gamers, they'll bring their own equipment with them, which is pretty common.
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19 October 2016 | 4 replies
For the background check a number of those services allow the tenant to verify their identity online and pay for the screening costs directly to the provider so that would save you the trouble of collecting an application fee.Hope that helps as that is the process I recommend but may be different from other people here on BP.
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19 May 2022 | 47 replies
"Super large" and "someone can easily climb out of the window" doesn't mean a firefighter in full equipment can jump out with a child in his arms.
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9 July 2015 | 28 replies
The formula we use for comparing returns is:ROI = ((Rent - Debt Service - Management Fee - Insurance - Real Estate Tax - Periodic Fees) x (1 - State Income Tax))/(Down Payment + Closing Costs + Estimated Rehab Cost)As an example, suppose you found the identical property (not realistic, I know) in Austin, Indianapolis and Las Vegas.
4 April 2019 | 4 replies
Based on their site (https://www.pbcgov.org/papa/departments/tangible.htm) it states, "Business tangible assets such as furniture and equipment valued at more than $25,000 are subject to ad valorem taxes.
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13 May 2020 | 13 replies
It's a bit wishy-washy who's responsible for their HVAC equipment, they want maintenance to be included in CAM which means I pay half of it.
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16 May 2023 | 2 replies
Doesn't have to be an entity, on contracts (specifically here in CO), there is an option to check that the buyer doesn't want their identity released.
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18 November 2020 | 16 replies
I did not get a personal guaranty from him, but what I did do was a check if he is a financially strong tenant, he has a car wholesale business, and I checked his bank statements, saw that he owns a home along with a rental, all good indications that he can survive a couple of months at the least if his business was not cash flowing.Not only that, all of the equipment inside of the restaurant if full out-owned to the landlord (me), being a turnkey unit.In my experience, I think you did a great job on the lease, but I do have to say that maybe give him more incentive, a deal he can't resist.
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3 September 2019 | 31 replies
Looking at a deal where the insurance on the building and flood insurance are identical, doubling that cost of insurance per year.
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17 May 2023 | 1 reply
Dealing with tenants can be challenging, and an agent who has never been exposed to this may not be equipped to help you navigate these situations.