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15 January 2022 | 1 reply
Depending on the number of units, size, and condition, that additional landlord responsibility could result in thousands of dollars in extra repairs and maintenance expenses added to your underwriting.TIP: Do not assume the responsibilities of the landlord and tenant.
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14 January 2022 | 12 replies
@Ronald RohdeYou didn't answer the question.Do you have any extra fees you charge?
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31 January 2022 | 11 replies
Ask yourself how spending an extra $45k (on anything for REI) does that and you will have your answer. ;)That $45,000 cash out of pocket is an entire down payment on another house.
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31 January 2022 | 9 replies
@Jackie Cramer I would have an honest but gentle conversation with her and let her know that an extra two months puts you at odds with market timing and you are unable to accommodate it.
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31 January 2022 | 1 reply
When I bought it, the returns were looking nice at a $1,100 per month rent estimate but it's nice that when construction was completed the market rent was $1,275 per month so that was an extra bonus of $175 per month per unit (or $700 per month total) over my initial cash flow projections when I signed the contract to buy the properties.
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31 January 2022 | 7 replies
Buying the new house would mean you'd sell that in a few years when you moved to your forever home therefore adding in an extra set of realtor's fees and other costs associated with selling.If it was me, I'd stay as you are talking about moving in 5 years anyways.
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30 January 2022 | 4 replies
For your current snow if it was like RI I would give them a little extra.
1 February 2022 | 2 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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7 February 2022 | 5 replies
And when trillions of dollars are sitting there waiting for the housing market to crash, that basically ensures that it won't crash -- prices won't have to fall very far before investors start spending all that extra cash, which will stabilize the market.
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5 February 2022 | 12 replies
Maybe approach it backwards......ask them how much more rent they'd be willing to pay for an extra bath?