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29 December 2015 | 5 replies
A reduced maximum exclusion may apply to those who satisfy part of the two-year rule.
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16 May 2016 | 3 replies
As far as I can think of these are my options:The seller can carry a note on the condo for the 50k differenceI can give the seller a 2nd on one of my rental properties for 50k as security for a noteI bring 50k cash to close ( I don't have $50k additional cash )She reduces her sale price to the appraised price (not likely )Roll the dice and try a local lender that the realtor suggests (realtor has asked this several times)I have asked the seller to reduce the sales price to meet in the middle, but for discussion lets assume the price will not change.I haven't talked to my lender about what I can do but I thought I could get some ideas here before inundating her with requests and questions.Some general notes.
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17 May 2016 | 4 replies
I'd like to try to reduce the effects of zero maintenance during this period and implement an ongoing maintenance program for appliance longevity.
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12 June 2016 | 14 replies
At 5% that would be $542/month which reduces the positive cash flow from the property to $95 per month.
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2 February 2016 | 6 replies
The backyard does not provide space for that setback, and the homeowner wants to build the tool shed on the slope.I read that "Recommendations by a licensed geotechnical engineer may be used if a foundation investigation report addressing the reduced setback has been approved by the Department."
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7 February 2016 | 10 replies
If I were in your situation I would increase rents to market (or close to market) per sq. ft. costs (maybe give them free months rent or reduce slightly if you will not have to pay any TI or broker commissions) without increasing their square footage.
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18 April 2016 | 28 replies
So, you work with a title company to validate that the property has clear title with no tax liens, etc. ... that risk has now been reduced.
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11 March 2016 | 21 replies
Most rental agreements require a termination to be reduced to writing.Then if a tenant were to stay beyond the agreed upon date, your action for possession would be much easier.I think it would probably be beneficial to get it in writing, if you don't have that already.Is there a particular reason that it would be a problem for you if she did stay until March 2 /3 - do you already have a new tenant lined up?
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23 February 2016 | 2 replies
Prediction comes in two flavors: 1) help investors, like you mentioned, get a head start and analyzing their risk options; 2) help explore a new opportunity for efficiency gains such as reducing the work load of the real estate community by 50%.I'm not convinced that real estate markets lend itself to be forecasted because it moves on long time scales anyways.
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15 April 2015 | 2 replies
Even if per the contract you are due it they can be very difficult in trying to get it back and sometimes force you to go to court if the EM provision is worded a certain way.If you no longer want to buy this property and want to get out of it or want to buy if the seller reduces you really need to know what you signed and what your outs are before making such a move.