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17 April 2020 | 19 replies
This will take time as the consumer needs confidence that their health and job is safe before spending on non-necessities / things that bring them out of their homes.
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18 April 2020 | 5 replies
I was just trying to get a quote and was not sure what coverages were necessities.
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17 April 2020 | 6 replies
I think I learned the most from simply doing every single aspect by myself, out of necessity.
22 April 2020 | 7 replies
The biggest lessons learned were the necessity of good due diligence and the importance of renting land and not homes.
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19 April 2020 | 0 replies
Out of necessity, as I needed a place to live, but upon receiving a promotion with a new company out of state, the new company would not purchase my home, so once again, out of necessity, I learned to be a landlord on my own, but then got a Property Management company, which was a good thing.
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24 April 2020 | 7 replies
This is the Fed’s attempt to stimulate the economy and put a stop to the cycle described above (and in this case, out of necessity to keep people alive).In a perfect world, we should be attempting to print precisely the amount of money that is lost through the disappearance of credit and consumer confidence to keep demand stable.
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26 April 2020 | 7 replies
We work in larger dollar amounts than in other markets, which can look daunting from the outside, and it can be because we use debt leverage by necessity, but boots on the ground knowledge is also a critical leverage tool that can help you even in Sisters where you are.There’s a lot of good areas around you from Sisters, Bend, Redmond, Prineville, even up to Madras.
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4 May 2020 | 10 replies
Hey Matthew,It will be a choice you need to make and I tell you what, I see great investor without RE license, and great investor with RE license so either path will lead to success. you just need to pick one and stick with itFor me deciding to get my license came from necessity, I could not find any realtor that focuses on doing investment properties or actually invest in real estate, or wanting to serve a demanding client like me, lol.
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24 April 2020 | 1 reply
I wanted to share some of the tactics that have helped us collect over 99% of rents, and would love what you have done to increase collections, so we can all learn from one another.Here it is:- early birds discounts of $50 per month (if someone paid rents in March for April, they received a $50 discount)- flex payment plan - tenants who lost their jobs can make partial payment and the rest of the unpaid rent is amortized over the life of the lease- sharing valuable information with our tenants re the PPP/EIDL loans for small business owners and independent contractors, nearby charities that provide food and necessities, information on unemployment applications, local businesses that are hiring right now, etc.- Walmart gift cards for tenants who have lost their jobs- switching to Rhino to allow tenants use their security deposits to pay rent in exchange of singing on a rental insurance ($5-$10/month)- keep an honest and open line of communications with our tenants, and letting them know we are there for them.How did you handle rent collections?