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24 February 2025 | 2 replies
Obviously, we need to focus on who we elect into office and fight for the rights on zoning, even though you get negative feedback for density and ADUs.
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23 February 2025 | 16 replies
Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.
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17 February 2025 | 4 replies
I have even seen it in selling businesses.
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3 March 2025 | 0 replies
This means not only collecting rent but also managing the care services provided to residents.Pros:Higher Cash Flow – RAL businesses can generate substantial revenue, often producing net profits of $5,000–$20,000 per month per home, depending on occupancy and pricing.Full Control – The owner can directly manage operations, staffing, and resident care, ensuring high standards and a well-run facility.Increased Property Value – A successful RAL business can significantly boost the value of the underlying real estate, making it an even more valuable long-term asset.Cons:Higher Workload – Running an assisted living home requires managing caregivers, compliance with state regulations, and ensuring quality care for residents.Greater Risk – Business success is dependent on maintaining high occupancy rates, providing quality care, and managing expenses effectively.Licensing and Compliance Requirements – State and local regulations for RAL facilities can be complex, requiring significant time and resources to stay compliant.Which Strategy is Right for You?
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3 March 2025 | 5 replies
STRs can give you more cash-flow but it will be a lot more time consuming and harder to scale even if you have a manager in place.
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13 February 2025 | 13 replies
Then you should go back later in the evening like around 10 p.m.
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4 February 2025 | 4 replies
I have three single family rentals for three years and I now have my first horror story.
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14 February 2025 | 5 replies
Zero-percent business credit lines can be a great tool to fund renovations, repairs, and even serve as gap or bridge funding when working on a BRRRR deal.
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25 February 2025 | 3 replies
They had lots of options to reduce cost, they came in at $8k less than the first place, and I could knock even more off of it if I trench the new lines myself (the trenching and excavation prices were pretty brutal, I could hire it out for a fraction of the price).
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14 January 2025 | 3 replies
Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.