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12 April 2021 | 10 replies
Also, California tenant laws are not the most friendly to landlords, so it could be a pain to get the tenant to move if they don't feel like cooperating.
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12 April 2021 | 1 reply
Accepting Rent Relief Applications from Landlords.
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25 April 2021 | 3 replies
Why are these forums so painful to use & difficult to just post to a forum I’m following?
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14 April 2021 | 5 replies
We're experiencing some major growing pains and are looking to expand our company.
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28 April 2021 | 7 replies
@Slade Sizemore -If the property owner has experienced a great deal of appreciation, and claimed deprecation tax deductions along the way, receiving a lump sum of cash at sale without a new property to move to proceeds to (called a 1031 exchange), they'll be facing a painful tax bill.For this reason, many sellers benefit from doing an installment sale, which allows them to defer the taxes they owe over many years.More commonly, this is known as seller financing.
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26 April 2021 | 7 replies
I hear that renting by the room can bring in more income, but can a royal pain in the a** and have been advised that it would be better to rent the property in full on one lease.
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14 April 2021 | 0 replies
In fact, Austin has just about 1.2 months of supply, and has seen a 19.7% year-over-year increase in home values.Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap.https://www.housingwire.com/ar...
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14 April 2021 | 0 replies
(Includes property that is managed by a management company and is consistent with HB20-1332 and HB19-1118.)L.019 - Changes the grace period from 14 to 7 calendar days.L.018/COW - Provides reciprocal relief to housing providers that must pay their mortgage and other financial obligations late due to late rental payment.L.024 - Reinserts language that requires a tenant to show proof of earnest money up front to ensure nonpayment is not due to not having enough money.L.023 - Requires the bill to take effect upon January 1, 2022 to allow time for housing providers and tenants to get up to speed on the new laws and changes.L.016 - Clarifies when a defense can be raised related to proper notice.L.014 - Reduces the minimum and maximum fine that can be charged to a housing provider that violates this bill and fails to remedy the violation in a timely manner from $500-$2,000 to $150-$1,000.L.013 - Increases the maximum fee that can be charged due to late payment from $20 to $50.L.012 & L.025 - Reinserts language that removes requirements that would prevent a tenant from filing an appeal or warranty of habitability claim due to inability to pay to file appropriate documentation with the court.L.011 - Requires the tenant receive a list of resources, including websites and phone numbers, to obtain civil legal aid and rental assistance upon receipt of a court order, and narrows the timeline so that a trial hearing would take place no sooner than 7 days, but no later than 10 days unless the court's docket is impacted by COVID-19.
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16 April 2021 | 10 replies
Cut to the middle of last month, Angel calls us out of the blue and says he wants out of the deal and that April will be the last mortgage payment he will make, because managing the house is too big a pain for him.