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Most of us have heard of condominiums, and have a quite clear picture of how it looks. However, we still ask ourselves sometimes, why is it called a condominium?. In a condominium (commonly called a condo), some parts of it, like your residence - are owned privately, while others - common areas - are owned collectively by all of the building's residents. A less technical way of describing a condo is an apartment that you own. In real-world terms, condos often take the form of an apartment ...
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Perhaps, the most protracted parts of property management are the synchronization of rent gathering and increases. So as to abridge your property management for superior profitability, focus on the listed three items first: 1) Rent should be due on the first day of the month. Some people gather rent founded on when during the first month an occupant or tenant moved into the place. This is a disastrous tactic. Knowledgeable property managers will tell you to at all time pro-rate the rent of ...
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Well, according to 15th century Western Philosopher Niccolo Machiavelli, "As long as the great majority of men are not deprived of either property or honor, they are satisfied". Dear Niccolo how wonderful to live in a day impervious to the wrath of subprime mortgages, interest rates and stamp duty. There is little question that the home buying equation in the 21st century is a different beast entirely. Whilst Cromwell's key decision may have been how many soldiers where required to take Trim ...
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