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27 November 2024 | 10 replies
Then the market leveling off heavily come 2023 and 2024 compared to a market like 2021..
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22 November 2024 | 4 replies
Congrats on at least taking action.You've got nothing budgeted for vacancy that I can see; it depends on how much turnover there is in your market and what your prices are like compared to the rest of the market, but most people would budget 1 month of vacancy/year/unit.
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23 November 2024 | 4 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.
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1 December 2024 | 68 replies
For example, if you are in a secured position and invest $25k and can get 10% per year at $2500 or you can get 15% unsecured which is $3750, are people willing to risk the extra $1,250 a year where you could lose all of your $25,000 investment compared to being secured where chance of losing it all I would view as astronomically lower?
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20 November 2024 | 4 replies
I would first look at a proven company like RentWerx, then compare them to a few others and see which one works best for you.Start by going to www.narpm.org to search their directory of managers.
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21 November 2024 | 1 reply
All these providers balance speed with compliance, so it’s worth consulting with them to compare timelines, costs, and support for your specific needs.
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20 November 2024 | 37 replies
@Ray Hernandez Totally, totally different experiences and not really comparable.
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19 November 2024 | 26 replies
Here are a few key points to consider.• Stronger Comparable Sales: Are there better comparable sales that should’ve been used?
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20 November 2024 | 1 reply
Maintenance and repairs typically range from 5-7% of rental income, compared to the standard 10%, as new builds have fewer immediate issues.
21 November 2024 | 8 replies
My example was to compare and contrast, in general, that you will not find similar terms to what you find for US properties.