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4 November 2021 | 6 replies
Greg, your are correct in that the carrier may likely consider this to be an issue of normal wear and tear, and decline the claim since wear and tear is a standard exclusion under most policies.
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6 November 2021 | 19 replies
All of the framers have said that the front part of the roof is currently not being supported by anything and has shifted almost a foot down.
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3 December 2021 | 13 replies
They are okay paying "1/2 normal rent" that now goes towards their own mortgage (and then have it cash flow better when they move out).
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2 November 2021 | 2 replies
The rate I think is a lot higher and you will have PMI, which is like insurance that she will have to pay because she has less than 20%.So the only pro is that you don't have to bring a lot of money but that might outweigh the cons I posted if the property is in liveable condition and has all the normal items people will assume to have when buying, like flooring, appliances.
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5 November 2021 | 7 replies
When you exit a deal, what normally ends up happening (like Tom Brady keep winning more Super Bowls) is that you go into two more deals (with now double the amount of capital) and you will likely find that with those new K1s you could result in you having way more passive losses you began with If you can see where this is going... yes, experienced investors with a lot of capital deployed might have 500k-1M+ suspended passive losses and have not paid taxes in years and do not appear to pay taxes for years!
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21 November 2021 | 11 replies
The tires end up on whatever land they can secretly store them, and spend all of the money they collected; leaving the problem for the next person to deal with.Another solution that most people aren’t aware of is that if a the sidewalls of the tires are removed, the state agencies don’t define it as a “whole tire”, which often times allows one to toss the 2 sidewalls and the tread (for each tire) into a normal trash bin.
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4 November 2021 | 14 replies
Normally I would add both on the lease agreement equally responsible for it, but in this case can I specify that the original tenant is the primary tenant responsible for all financial side of the agreement?
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3 November 2021 | 3 replies
Sorry, I am new at this and appreciate any insight someone can provide...1) Do you normally do a credit check on potential tenants?
6 November 2021 | 13 replies
doing Airbnb in West VA harpers ferry area. what would be the most cost effective, appliances repair and doing some normal maintenance?
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13 November 2021 | 18 replies
They normally only get paid if they are able to successfully reduce your property taxes.Best of luck