24 October 2024 | 18 replies
The fact that the same section does not prohibit the collection of STATUTORY attorney’s fees under 799 or 814 is meaningless in this circumstance because you included the illegal clause directly in the lease.
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22 October 2024 | 6 replies
In the first 5 years you will collect lots of interest, and make more money than the actual purchase price because you, the seller, are now acting as the bank.
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25 October 2024 | 16 replies
Rate fluctuation, election, and general cooling of the Ohio market I think all collectively leading to this.
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21 October 2024 | 7 replies
The difficulty is in collecting current rental data of actual rents.
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28 October 2024 | 40 replies
We make over double the fair market rent. with zero collection issues and turn overs that are simply hire the made to go clean..
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23 October 2024 | 8 replies
That said, for all reservations we collect payments on (this includes VRBO since we have an integrated account through our PMS) our charging schedule mirrors the reservation cancellation policy.
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25 October 2024 | 23 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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22 October 2024 | 7 replies
Say goodbye to having to collect cash or checks for rent from your tenants.
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23 October 2024 | 10 replies
Managing tenants, collecting rent, and handling repairs can be time-consuming, so factor in property management fees if you hire someone.6.
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30 October 2024 | 236 replies
It never serves interests of the ordinary people, it always serves the state that collects taxes, increases revenues to create inflated bureaucracy and stifles to death any entrepreneurial spirit.