Not exact matches
Jahangir promulgated a regulation that whenever a rich man or traveler died without heir his
property would
go to the crown to be used for
repairing madrasas and lodges.
«When you have government mandated expenses like
property taxes and water and sewer rates that have
gone through the ceiling in the last 10 years, that now eat up anywhere from 30 — 40 - percent of every rent dollar an owner takes in, then it doesn't leave much left to pay off your mortgage, to make
repairs, to invest in the capital improvement in your building.
He vowed to fight for the mansion tax on residential
property sales of at least $ 2 million to provide revenues for low - cost senior housing and the millionaires tax to fund subway
repairs and reduced fares for low - income New Yorkers in Albany, which he called «crucial initiatives»
going forward.
It is important that you get the
property inspected thoroughly to get an estimate on how much is the renovation,
repair and maintenance
going to cost you.
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes,
repair before
going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject
property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
So, the $ 1,500 you're
going to be making in mortgage payments might actually be more like $ 2,500 a month by the time you add in
property tax,
repairs and maintenance and whatnot.
Chuong assumes that half the rental income will
go to expenses, such as
property management,
repairs, and income tax.
A fairly popular strategy used by both rookie and seasoned investors it to buy a
property that is below market value, do some
repairs to force appreciation, so the value of the home
goes up.
A consumer should always get information about the prices of other houses in the neighborhood, interview several real estate professionals, hire a properly licensed and qualified home inspector to carefully inspect the
property before you become obligated to purchase it, determine whether the seller or you is
going to be responsible for paying for the
repairs, determine whether or not you can afford to make the
repairs, compare costs and shop for a lender before refinancing or purchasing a home.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay
property taxes, homeowners insurance, and maintaining basic home
repairs, or the loan may
go into default.
Although it may be profitable for you as a seller to touch up the
property and make it more attractive for the buyer, don't
go overboard and spend too much on extensive
repairs.
Having a tax lien applied to your
property is
going to destroy your credit score, and the lien will remain on your score for as long as you owe back taxes, so the best way to deal with the lien and
repair your credit is to repay the outstanding debt.
After months of drilling, soil testing and evaluating our
property and building, the insurance company let us know that they weren't
going to cover any
repairs, but eventually agreed to cover the costs of all the testing that was done.
Since the unit was in a rental
property of mine, I
went ahead and paid for the
repair with my Explorer card, and got a detailed receipt from the technician.
In summary, chancel
repair liability will continue to be a
going concern for all
property transactions up until 13 October during which time conveyancers should continue to carry out searches and where appropriate, insure against this medieval risk.
If your decide that you are not
going to move back into the rental
property once it is
repaired, then you may be faced with significant moving expenses.
Property damage liability goes toward necessary repairs or replacements of another party's car or other personal property when you're responsible for a co
Property damage liability
goes toward necessary
repairs or replacements of another party's car or other personal
property when you're responsible for a co
property when you're responsible for a collision.
It
goes on to explain that you may not be covered for utility line
repairs on your
property and introduces the option of purchasing insurance from HomeServe.
If you have a vehicle that is worth a decent amount of money, purchasing personal
property protection is most likely a good idea, as
repairs and replacements are
going to be more expensive.
Also, if you strike another person's
property such as their vehicle, fence, or mailbox,
property damage liability can
go toward
repairs or replacements.
The same
goes for
property damage liability, which covers the cost of
repair and / or replacement of items damaged in an accident other than a vehicle such as a house.
For projects that are
going to be completed around the Lake Worth
property such as
repairing the deck, stairs or other dangerous areas, you can tell your Florida agent what kind of timetable you're working with.
While home insurance isn't
going to make your
property invincible to storms, it gives you the resources you need to rebuild or make
repairs once the storm is over.
If you are trying to operate a business at an alternate location while your OH
property is being
repaired or worked on, then it will be even more important to find out what is
going on with your Ohio renters insurance claim.
The advantage of
going with an insurer - recommended
repair facility is that the insurer «has an established relationship with that company, is familiar with their work and can trust them,» says Bob Passmore, assistance vice president of personal lines for the
Property Casualty Insurers Association of America.
In fact, experts in the insurance industry usually recommend much higher levels of protection because liability coverage is cheap as far as auto insurance
goes and because accident damages for medical costs and auto or
property repairs can far exceed the minimums in many cases.
Property damage liability is going to handle your court costs and repair bills if you damage another person's p
Property damage liability is
going to handle your court costs and
repair bills if you damage another person's
propertyproperty.
When a driver is deemed at - fault in an accident, this money will
go towards
repairing or replacing the vehicle or other damaged
property of people who were not at - fault.
Even though the TN landlord is
going to be in charge of making
repairs to the
property, the items inside the house and personal belongings are the responsibility of the renter.
You should absolutely have a
repair estimate
going in, but you want to verify your estimates after you get the
property under contract.
Analyze
repairs and get the best comps, as if they were
going to flip the
property.
I'm really thinking of
going for the full $ 35,000 to purchase an entire
property if I can find something where the numbers work out... Only thing that scares me is I'd have to
go for a distressed
property that requires full
repairs while I would be out of state... Never have managed «long distance» start - finish
repair job...
Agents need to be mindful that if they have knowledge of a defect, patent (obvious) or latent (hidden), this information needs to be «disclosed» in the actual listing; the listing agent needs to draw to the attention of his seller, making the seller aware that his agent «knows,» whatever he knows, or surmises, has seen with his own eyes, or has been made aware by his seller — sometimes surreptitiously, (by agent's putting the information confirmation in writing and has advised the seller the need for disclosing), directing his seller to get «fix - it» quotes,
repair before
going to market, or offer a rebate to his buyer for the dollar amount involved, and advise the seller that this information if known by his agent, or by the seller, «must» be disclosed in some manner, in writing, so as to prevent the seller and all the agents involved (including «team members), both buying and selling sides, from lawsuits, or possible resultant non-closing of transactions, not just even non-removal of conditions, (failing which clauses, conditional clauses — condition precedent, not condition subsequent — self destruct) during which lag time the subject
property is theoretically off the market wasting valuable market time, which could prove especially financially disastrous in any sort of turbulent down - turning market.
Unless you're talking about when he
goes to list the
property after
repair then there are some cost associated with that when using a Realtor.
Have the contractor
go with you to look at the
property and get an estimate of
repairs.
Both of my
properties were ready to
go when I got them, so I cant talk too much about ARV numbers or
repair costs.
If you're
going to make an offer on a
property that's well under market value (your profit margin +
repairs, marketing, etc.), then how helpful is it for them to know the value from a calculator, which in some cases may even give a higher - than - accurate number?
Most foreclosed
properties only require minor cosmetic
repairs, so the Streamline is the way to
go in most of those instances.
If your benchmark is perfection all comers will fall short, but consider what can
go wrong with
property management and I've seen it all happen... theft of your rent money, fabrication of invoices, referring of
repairs to the owner's brother in law who doesn't have a clue what he's doing, letting your
property sit vacant for 6 months, HOA violations
going unaddressed for which you're never notified, horrible record keeping, money not being escrowed properly, owner distributions not coming on time or at all, fee structures that reward managers with more money every time they order a
repair, invoices not provided,
property statements poorly organized and unclear so you can't tell the real story, tenants reporting dangerous
repairs such as a leak or a dangerous safety issue and nobody responds and you get stuck with a giant bill or a lawsuit etc... None of these things have happened to me with Green Residential.
We discuss the process that
goes into how we determine what
repairs and upgrades will be made for our
properties that we sell to investor buyers.
I plan to
go beyond the newbie tips that clutter the internet and cocktail parties because lets» face it, as a passive investor your time should be spent on things that you love to do and those who are important to you (not trolling real estate internet forums or making makeshift plumbing
repairs on your
property).
We
go through and estimate
repairs on a
property and miss something.
If you're concerned about how soon you can start seeing a return on your investment, your best bet is to
go with an investment
property for sale that only requires minimal
repairs or upkeep.
It's your responsibility to fulfill the agreed - upon loan obligations, such as continuing to pay
property taxes, homeowners insurance, and maintaining basic home
repairs, or the loan may
go into default.
If you want to get top dollar for your
property, you probably need to make all minor
repairs and selected major
repairs before
going on the market.
Part of these checks
go toward paying the mortgages, insurance,
property taxes, vacancies,
repairs and management.
So, doing a maintenance - type
repair after a tenant moves in could move the cost from
going to the basis of the
property to an immediate deduction.
One additional thing, after I had my contractor
go through the
property and come up with list of
repairs needed to bring the building up to code, I renegotiated with the seller to 165,450 k. That's where we currently stand.
So I think I'm o.k. as far as acquisition renting the
property goes but If someone destroys the place, or it requires more than $ 5K - $ 10K in
repairs after it's rented, or over the course of the first year, I may have a problem.
Does anyone know where I can
go to find a really good
repair estimate form for my walk - throughs of
properties?