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1 December 2017 | 8 replies
A great resource i is the local BP meetup that usually happens the 3rd or 4th Tuesday of the month.
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1 December 2017 | 1 reply
This feature comes with an interest rate premium in most cases; some will provide a forward commitment up to six months without charging a premium, but the usual cost is 3-5 basis points per month when the rate is held beyond a 90-day period.
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29 November 2017 | 6 replies
Possibly using a professional third party vendor for the pre-inspection is a great idea, give a copy to the owner and tenantExcessive holes in walls Broken tiles or fixtures in the propertyPlumbing backupsRepainting where a tenant has repainted from the original colorTears, holes, stains or burn marks in carpetsMissing or damaged blindsBroken windows and window screensBroken doors and locksBroken or damaged appliancesExcessively DirtyPest control if you see Bugs and or fleasJunk or trash left behindPast Due rentFees incurred from fines from the association due to the tenants conduct or lack thereofWater damage to hardwood floorsMissing outlet coversRemotes for garage or gate if not returnedRekey of locks if tenants did not return the keysUnpaid utilities, as long as they were part of the lease agreementUndoing a tenant alterationThis is a sample of things that are usually considered to be normal wear-and-tear and should not be deducted from a security deposit:Slab or plumbing leakNormal rug wear.
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1 December 2017 | 8 replies
Winter time is usually the best time of the year to find a deal.
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19 January 2020 | 9 replies
The bank that I usually finance with dragged its feet on approval through the due diligence period.
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28 November 2017 | 3 replies
The usual situation that arises are borrowers that have entered into a new contract with the contingency of first selling their current home.
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29 November 2017 | 7 replies
The fact of the matter is they usually never get called on it because 99% of clients don’t look at their returns - kudos to you for reviewing them.
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29 November 2017 | 8 replies
The standard 10% usually covers tenant management only - advertising, screening tenants, preparing leases and renewals, fielding phone calls from tenants, collecting rent and conducting evictions.
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14 December 2017 | 4 replies
I get to an accurate ARV and max offer right away and I put in offers usually same day or next if I have to see it first.
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4 December 2017 | 9 replies
I would usually say it is a good start but you have to pay for a subscription if you are using it daily.