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14 July 2024 | 6 replies
Recommendations for Commercial Lenders in ArkansasHere are some commercial lenders that operate in Arkansas and can assist with financing an 8-unit multifamily property:Local Banks and Credit UnionsArvest BankOne of the largest banks in Arkansas with a robust commercial lending department.Website: Arvest BankBank OZKKnown for its commercial real estate lending.Website: Bank OZKSimmons BankOffers various commercial real estate loan options.Website: Simmons Bank
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14 July 2024 | 2 replies
The architects also probably have a pretty good handle on the costs of construction because their plans are getting created for a certain price point.If you don't find what you are looking for, then it is a very solid bet that it's not economically viable.
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15 July 2024 | 22 replies
., Conner Real EstateFranklinFranklin REI MeetupsLocal Brokers: The Ashton Real Estate Group, Synergy Realty NetworkNext StepsNetwork Actively: Attend meetups, join online forums, and reach out to brokers and agents.Conduct Market Research: Understand the specific dynamics of each market, including rental demand, vacancy rates, and local economic factors.Visit the Markets: If possible, visit these markets to get a firsthand feel of the neighborhoods and potential investment opportunities.By connecting with local investors, brokers, and agents, you'll gain valuable insights and find opportunities that align with your investment goals.
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14 July 2024 | 5 replies
Take into account the travel time, phone / video time, mistakes along with all the other economic factors.
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14 July 2024 | 4 replies
Luckily my newest and largest property only took three months to complete all majors repairs and for bookings to start filling up consistently.Do you have a mortgage?
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14 July 2024 | 7 replies
Househacking is so powerful since you can lower your largest expense (rent), while learning to be a landlord and building equity.
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15 July 2024 | 11 replies
Again any information about the macro economics and potential of the area will be greatly appreciated.
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16 July 2024 | 33 replies
Even at that I do face economic challenges and pitfalls, I am not protected against future rate changes.It can be done, but it’s definitely not as “easy” or as simply lucrative as many guru’s teach.
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15 July 2024 | 23 replies
Its meager 10,000 population also makes it the 11th largest city in WY, so if WY is my target market, its actually one of the larger markets in this sparsely populated state.
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12 July 2024 | 5 replies
@Jagan ReddyThere is physical occupancy versus economic occupancy.