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8 November 2017 | 8 replies
Many great tenants would not even consider signing a 2-year lease, so you may be missing out of some of the market.From our rental criteria:FINANCIAL/CREDIT HISTORY1.No outstanding debt to previous rental property owners.2.No outstanding debt to utility companies.3.No outstanding debt in excess of $1000 that is not in a payment plan.4.No excessive monthly financial obligations - more than 20% of income.5.Lack of credit history or marginal credit history may result in additional security deposit. 6.Derogatory credit (past due accounts, collections, charge off accounts, tax liens, judgements in excess of $1000 and/or bankruptcy) may result in additional security deposit or denial.
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10 August 2019 | 35 replies
The slab does not show signs of excessive movement which would require structural repairs at this time.
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18 November 2017 | 7 replies
The pictures look like they could have just put excess pressure on the hinges trying to squeeze something through, in which case they're telling the truth but still in the wrong.
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19 November 2017 | 3 replies
You would be able to pick the best to keep for yourself and wholesale your excess to other investors.
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26 November 2017 | 13 replies
The excess inventory will burn off slowly and we will have 96% occupancy rates again in the near future.
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28 November 2017 | 14 replies
One example recently, I had an issue with a tenant breaking multiple house rules (smoking, party, extra guests, late check out) and causing damage and excessive clean up.
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27 November 2017 | 3 replies
But if you're talking about a couple of single families or smaller multi-families, I would say that having an LLC for each one is excessive and probably unnecessary.
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6 December 2017 | 33 replies
All caulking edges exposed to view shall not vary more then 1/8” in any direction and shall be free of excessive lipping or inconsistencies.”
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16 January 2019 | 10 replies
@Adam Adams3 appartment buildings and 6 houses with 40k in hand121k gross income at say 10% annual that's 1,2m worth of real estate That's a 30:1 leverage...or 97% LTVI want the name of your lenderHonestly after the subprime crisis mess, i thought they would ban that kind of excessive leverage but it seems it is back to business as usual
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26 November 2017 | 0 replies
My initial thought was to set up a master lease option until the mortgage is paid but 15 years seems excessive.