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4 May 2021 | 77 replies
You don't stop every driver on the road and administer a breathalyzer just because 2% of the drivers may be drunk at any given time.Actually, if it acted as a deterrent to drunk driving, I'd support stopping every driver on the road for a breathalyzer every four years, which is the frequency with which this Denver law we're discussing comes into play.
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9 August 2023 | 15 replies
The long term impact includes the following:-Less compassionate landlords who are willing to be flexible with late payments, evictions, or delayed move outs-Less supply of rental property due to single family rentals being liquidated and sold to buyer/owner occupiers -More competition from bigger REIT's (real estate investment trusts) and real estate holding corporations who can weather limited returns-Less incentive for real estate developers to rehab and hold properties long term in the local area-Less flexibility to keep rents affordable without falling behind and keeping up with market rents to appraise at exit -Less business in the investment property sector due to lack of supply, including realtor commissions, title and escrow fees, handymen and contractors, property inspection fees, appraiser fees, mortgage lender commissions, and bank refinancing profits -More headaches for property management companies having to navigate complex and controversial client demands on their property -Less qualified tenants using the first-come, first-serve basis for applications Now BEFORE EVERYONE thinks these laws are just horrible to invest here, I want to conclude with some of the major PROs of these laws:-Less competition from entry-level investors, meaning more deals will be had by liquid and well financed investors looking to scale with the roadblocks in mind-Higher valuation of rental property over the long term due to supply and demand constraints -More stability in the quality of management and landlord professionalism -More 1031 exchanges from older investors looking to move assets around more frequently to dump low performing properties -More incentive for real estate developers to only build large unit multifamily that will not have regulations for 15 years (from certificate of occupancy)-More expectation from tenant that they will receive an increase each and every year (more implementation, means more frequency to experience)As always there are two sides of the argument, but I firmly say that I can still be profitable and make millions of dollars here in Oregon, but with a little more caution and strategy.
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11 September 2023 | 16 replies
Currently my posting frequency is M/W/F with one engaging post, one education post (where we link to our blog), and one product pitch.
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6 June 2022 | 9 replies
We looked into potentially airbnb'ing as a long shot, but the local rates and reservation frequency is extremely low.
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20 August 2023 | 22 replies
Unless there's a feature on airbnb/vrbo I don't know about how can you tell if units are actually being booked, and at what frequency, with the rates they're advertising?
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25 August 2023 | 25 replies
I agree with the others about the frequency of the mowing.
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24 August 2023 | 12 replies
Meaning you'll see a higher frequency of lousy looking listings here compared to markets that have more infrastructure and population.
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4 September 2023 | 2 replies
@Brian Phan there are HSA eligible options on the individual market as well, but like I said you need to evaluate the cost/benefit considering someone's age, health status, frequency of having to go to the doctor, prescriptions drug needs, etc.
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6 September 2023 | 11 replies
The simplest way is a promissory note laying out the terms of the loan (term, interest, payment frequency, etc.) but this leaves you with no recourse to take ownership of the property if the loan is not repaid.
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4 September 2023 | 5 replies
Your options are include detailed specifics of how the larger area is to be maintained, including maximum height, frequency of maintenance, and allowed/disallowed uses such as storage of cars or materials etc.