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13 September 2024 | 0 replies
Investors are seeing consistent bookings throughout the year, making it easier to predict cash flow and maximize returns.Lower Acquisition Costs: Despite the rising demand, Indianapolis still offers relatively low acquisition costs compared to other major cities.
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16 September 2024 | 18 replies
They’re now focused on unique properties with appealing natural amenities, like waterfronts or downtown areas, in growing locations that will consistently attract guests.
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13 September 2024 | 1 reply
By consistently offering work, you may be able to secure lower labor costs.Source Alternative Materials: Explore alternative or lower-cost materials that still maintain quality.
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11 September 2024 | 10 replies
That means you can distinguish your listing by being responsive and courteous while providing a quality product.To more directly answer your question, while there isn't a great website for MTR data, I do estimate MTR rents with either the BP rent calculator or rentometer.com's and then multiply by 1.5x as a screening tool.
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13 September 2024 | 7 replies
Ongoing Tenant Communication•Provide tenants with clear, consistent communication throughout the transition period to reduce confusion or anxiety about the change.
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13 September 2024 | 7 replies
What does Real Estate Portfolio consist of?
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15 September 2024 | 2 replies
Does the IRS demand consistent tax treatment?
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.
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11 September 2024 | 2 replies
Planning to relocate to the Southeast (SC, NC or Georgia) in 2026 and want to start out by investing in single-family rentals, condos and joining real estate investment groups to invest in multi-unit or commercial properties.My investing goals consist of cash flow for consistent monthly payments and equity for bigger purchases down the road.Looking forward to building a network of real estate professionals and investors to help find new opportunities, stay on top of market trends and provide value to other investors and tenants.Any tips for new investors would be appreciated.Best,Brett HarmonTwitter