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1 October 2019 | 8 replies
For the dryer request I would state something like "the property came in the present condition and the washer/dryer will not be moved.
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7 October 2019 | 3 replies
@Jeff QuinlanI don't see much of a big deal with requesting the tax return or the part of the tax return that shows the rental portion.Seeing the numbers on the return shouldn't provide you any further re-assurance.You should do your own due-diligence.The seller may not have many any repairs/improvements and in which case the building may be in bad shape and you, the buyer, would have larger expenses going forward.The figures on the tax return may be inflated/deflated.etc.
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5 December 2019 | 9 replies
I just sent you a connect request.
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16 December 2019 | 30 replies
Acting as a “manger” as suggested above is just another name for brokering without a license and I don’t suggest it unless your state allows it.Moderator Note: There is absolutely no deal making, soliciting, or requests for members to contact you directly in the forum threads outside of the marketplace forum.
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11 November 2019 | 5 replies
Behind the scenes in a properly conducted DIL transaction is a legitimate borrower request to reconvey, appraisal, and written agreement that ensures the transaction meets the criteria.
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19 November 2019 | 8 replies
@Alvin Uy I am currently taking on new clients for my accounting practice and sent you a connection request and DM.
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30 December 2019 | 5 replies
@Daniel Volk for this type of a request I would certainly guide you into a more local person to advise you.
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20 November 2017 | 2 replies
◦Some states simply request a 3-day notice before evictions are filed in which the tenant can be evicted in a few weeks.
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13 November 2017 | 7 replies
Immediately after getting an LOI or contract i request the following items....Exhibit BInventory of property tools, supplies and personal propertyExhibit CService contracts including trash, laundry, extermination, lawn service, etc.HVAC and/or boiler reportsExhibit D Property management license (if applicable)Certificate of occupancyExhibit E Certificate of insuranceInsurance claims history for the past 2 yearsExhibit F Commission agreements with the leasing staffCurrent property management contractAny other vendor contractsOther Requested Due Diligence DocumentsLast 2 years of financial operating statementsA year-to-date operating statementLast 6 months of bank statementsUtility deposit registerUtility bills for the last 2 years.Property tax bills for the last 2 yearsIRS Tax returns and addendums for the last 2 years (as relatedto the property only) Articles of IncorporationGood Standing Letter from the Department of RevenueAny licenses in the name of Sathyam EnterprisesRent roll for the property for the last 2 yearsSecurity deposit registerPayroll recordsEach different lease typeWritten property policies such as pets and parkingInformation on all rent concessionsList of any uncompleted maintenance requestsMaintenance and capital improvement history for past 3 yearsLitigation history on the property for the past 5 yearsAny operation manuals for the propertyTitle policySite planArchitectural plansEnvironmental ReportsAny mold inspection reportsAny lead-based paint inspection reportsAny fire system reports or citations
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14 December 2017 | 77 replies
The house across the street from ours was purchased for the same amount as we backed out last minute due to conflicts with the HOA and their request for a historical restored rehab which would have cost way more than the house would ever be worth in our analysis.