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31 October 2024 | 7 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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2 November 2024 | 8 replies
I find with larger homes that are big enough for wedding parties, reunions etc that I get a lot of bookings well in advance, with ~50% occupancy several months in advance.
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1 November 2024 | 2 replies
and want to build new a larger house to accommodate.
1 November 2024 | 6 replies
If your wholesale opportunities ever expand into larger multifamily, definitely reach out to me since I am a full time real estate investor and active buyer for cash flow properties.Enjoy BP!
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31 October 2024 | 0 replies
In the world of commercial real estate, especially for those of us involved in wholesaling, hard money lending, and larger commercial transactions, finding truly qualified leads can be one of the toughest parts of the job.Unlike traditional real estate, commercial deals require a more complex understanding of financing, deal structure, and the unique needs of clients—many of whom are investors looking for specific ROI targets.
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5 November 2024 | 28 replies
I’m curious to hear from others with larger portfolios and how they are structured.
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1 November 2024 | 19 replies
While the repairs will temporarily affect rental operations, the long-term tax advantages from depreciation could help recover some of the initial financial outlay.In terms of negotiations, it would be wise to push for a larger price reduction instead of accepting a cashier's check, given the magnitude of the repairs and the expected loss of rental income during the downtime.
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3 November 2024 | 56 replies
@Kevin Sobilo mostly nailed it, and yes if the lender and borrower knew the attorney was paying them and knew the deal wasn’t going to close for the sake of them all getting money, and EXTRA MONEY on top with the intent of defrauding me for an even larger amount then yes, I’m still thinking it’s mortgage fraud.
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2 November 2024 | 8 replies
I could see this potentially on a short term rental as we see some significantly larger returns, or just to put down capital on a short term loan and then refi as you mentioned.Have you had any experience or success in a mid-term rental market?
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1 November 2024 | 7 replies
Large rent increases are much harder and than smaller yearly increases.