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FYI everyone: King Trump's "moratorium on evictions" doesn't just stop evictions, it creates a federal crime punishable with up to one year in Club Fed for landlords who violate it. Be verry careful folks. Read more h...
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From what I know cap rate is calculated as NOI/Value of Asset (Down payment+amount financed). While the cap rate seems like an OK calculation, it does not include the part you pay for financing so it is possible to h...
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I am planning to move to New Jersey; county, not yet settled. But I desire to engage in the pre/foreclosure transactions. Is there any one on the forum able to give me a firsthand information on this subject? Is there...
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OMG, this is so messed up! I had to evict tenants once that came with a property purchase after a year and a half of trying to really work with them, even bending over backwards to try to accommodate them, but eventu...
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I have a tenant who has been in my property for less than a year. I gave them a 60 day notice (more than required) letting them know rent was going to be increased upon a re-signing of a new lease. Thirty days to th...
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Wondering if any landlord/property manager out there has had luck getting tenants to pay solely online versus dropping rent payments off in office/mailing payments. Our company is trying to minimize the amount of rent...
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I have around a 30 unit rental portfolio. I've become pretty bad about applying late fees when the rent is submitted late. Is anyone aware of a web based property management system that allows online rental payments w...
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Hey everyone, first post here.I was wondering about my options on a loan for a 4 plex and using FHA loan Financing. My question is do you really have to live in one of the units for a whole year in order to qualify fo...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. To...
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I've created an account on this forum solely to seek advice from other property managers about a situation in my workplace regarding my commissions being garnished.The backstory is that last month our occupancy was sh...