21 August 2024 | 6 replies
If so, make sure agreement is in writing, signed by both parties, specifies new end date and ensures any existing security deposit will still be dealt with properly per landlord/tenant laws, and I'd also ask for a partial payment to be issued at signing to make obtaining his new place easier.
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20 August 2024 | 16 replies
Here is some free advice (worth what you pay for it):Upon application, obtain a handwritten statement from the borrower describing the intended use of the money.
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20 August 2024 | 0 replies
The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.If you have had a cost segregation study performed on your property within the past 10 years, have you evaluated it recently for additional benefits that could be obtained?
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19 August 2024 | 13 replies
I work in the entertainment industry, so I make decent money, but depending on economic issues work can go in and out, and there’s no real assurance of constant monthly income like there would be for other jobs.
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19 August 2024 | 3 replies
Hello Everyone,I purchased my NACA home more than 5 years ago, and I obtained a HELOC on my home last year.The financial institution that approved and funded my HELOC was fully aware of the NACA Lien on my home and continued with the process either way.Also, I am not in violation of the occupancy requirements.What would NACA's actions be?
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20 August 2024 | 16 replies
Inside, offer luxury linens, a fully stocked kitchen, and entertainment options like board games, a smart TV, and Wi-Fi.Welcome Guide: Create a welcome guide with details about the property, local attractions, dining options, and house rules.
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20 August 2024 | 2 replies
Additionally, I would appreciate any advice on obtaining a loan that covers both the property and the business.
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21 August 2024 | 15 replies
Many cities allow short-term rentals of primary residences as long as certain conditions are met, such as obtaining a business license and meeting safety requirements.
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16 August 2024 | 4 replies
.- You've obtained X contractor estimates averaging at $X.- You've begun creating your own buyer's list to shop the deal around.Most folks will just want to know about the deal for themselves to see if they'd buy it but if you speak with enough people, you may find someone interested in mentoring/partnering.All the best!
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18 August 2024 | 2 replies
I'm learning the BRRRS method and want to obtain my first rental property soon.