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Re: HOW TO MAKE OUR BUILDING SOLVENT

) or for capital improvements. The new board will have to work very closely with the management agent

condo taking out a loan

Buildings and building repairs/capital improvements all wear out over time. This is the real

Verizon - Fios Installation

to be compensated for overseeing a capital improvement project. FIOS is a project whose installation may run

Get the units

of capital funds to the co-op when we professionally renovate and sell the units when they become vacant (we

Theft is not a flip tax issue

specifically stated that the income from flip taxes should go to reserves to pay for capital improvements

Reply to V

tax. Most hold the funds from a flip tax in reserve for capital improvement projects, but some use

Debt to income ratio

are in great shape therefore we don't need to assess for capital improvements. Therefore we don't necessarily

the borrower is servant to the lender

/ 30K per year for whatever capital improvements you need, the apartment value will be increased

thanks for the feedback

, hall window replacement etc. Our current board is managing to a budget and longer term capital

Very subjective

, "Building A" might have low maintenance, interest only mortgage and plan to assess for capital repairs

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