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22 November 2017 | 6 replies
.- Any expense on line 14 "repairs" can only be added back with a bunch of supporting documentation matching exactly & based on a human underwriter's judgement call on the "one time" nature of it (and how that underwriter's mood is on that given day) on a one-off basis.
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20 November 2017 | 5 replies
I love in Clarksville as well and looking to increase my portfolio and network as well.
21 November 2017 | 11 replies
Over time rents will slightly increase while mortgage interest will slightly decrease but you can probably look at the "right amount" of debt to offset that (again, along with depreciation).
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22 November 2017 | 2 replies
So if you take that same property and are able to increase NOI (by lowering Operating Expenses or increasing rents) by $50,000, you have created $625,000 in value!
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10 December 2017 | 7 replies
That business model works well for more static assets (private placements) but is not generally best for investments that are more time-sensitive in nature or involve a lot of transactions (rental real estate, tax liens, etc).There are a smaller number of firms that provide plans offering checkbook control.
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6 July 2020 | 24 replies
In other words, the rental increases we've experienced in the last 24 months are not "speculation" but based on lack of supply and driven by intrastate migration.
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20 November 2017 | 1 reply
I would like to do a few things: be able to leverage my equity and be done with PMI (to balance out the increase in taxes).
24 November 2017 | 11 replies
In turn I would also call and try to have your limits increased every 6 months.
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21 November 2017 | 4 replies
Michael: I paid $500 bucks for some remodeling plans (yucca valley architect who is quas-retired) and he connected me to engineer/ and Title 24 guy (new construction also requires soil test engineering and sometimes water flow testing for the water district)but I think 1000-1500 is probably low end and 3500-5000 is high endI'm working on a hew house in pioneertown and I'm interviewing builders/general contractors (who have plans in their archives that were approved) -many plans approved in 2015 aren't valid.. because of the Title 24 increases every year and the 2016 codeNathan: exciting. yucca NEEDS some new apartments!
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28 November 2017 | 6 replies
I think it is pretty obvious sub-metering utilities is one way to significantly increase a park's profitability.