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15 December 2011 | 5 replies
The all others is critical and covers everyone known or unknown to reside in the property.This way someone living in their cannot say the eviction says so and so but not me so you can't make me leave.Front and back lock sets cost me 28 dollars for the set with deadbolt and we put those on the second we finish with the writ or the tenant voluntarily hands over the keys and it is vacant without filing eviction.We do this because sometimes even if tenants leave on their own they have an extra key they don't give and then when where they move to doesn't work out or have enough storage they start putting junk back into the apartment they vacated or try to squat there one day and then another place another day.Sometimes in apartments tenants will hop from one apartment where they are evicted to staying with the unit next door that is paying.After awhile say a week or so the good deed wears off and that tenant wants the people gone from their unit.Was the power in the husbands name??
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4 January 2012 | 4 replies
XYZ passed away.7) There was no will...nothing indicating that he was married or had children or grandchildren.8) The property owes back taxes of $32K, meaning that not only was Mr.
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20 December 2011 | 3 replies
They could do both; however, the main key is that the rent must be "Fair rental value" (the going rate of a rental of that type in the area).Yes both can be done if you are renting for profit at market values.
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23 January 2012 | 10 replies
The key benefit is that property management is built in to the costs.
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27 January 2012 | 15 replies
Somehow we got to a point where a group meets in secrecy to make key decisions that have huge impacts on all areas of our economy.
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30 January 2013 | 24 replies
It'll be over-improved & as close to maintenance free as I can make it, and any tenant that wants to live there is going to be looked over very carefully before they get a key.
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6 February 2012 | 8 replies
*Can anyone provide some solid, successfully traditional mathmatical formulas & some key strategic factors when analyzing first time multi-family properties?
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26 January 2012 | 21 replies
If long term wealth is your goal then getting a property with 10% cash return may be fine when you add in equity gain and appreciation, that's a personal call.How much risk can you deal with, how much work do you want to put into it (in terms of rehab and management), and what type of returns do you want to get will be the key things that should guide where and how you invest your money.
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26 January 2012 | 16 replies
The key is what your lease says about appliances.
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13 February 2012 | 9 replies
The Homepath.com site will indicate which are eligible for a rehab loan.