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5 November 2024 | 4 replies
The plus side is the airbnb supply has fallen and we have noticed a HUGE increase in our gross STR rents, roughly 20% higher then a year ago.
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6 November 2024 | 22 replies
As a result, a mixture of high taxes and decreasing job prospects are making rental properties less profitable and more risky, never a great combination.
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6 November 2024 | 17 replies
I would go to $1,050 in year 1 and $1,250 in year 2 (or something similar) and provide ample notice.
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6 November 2024 | 8 replies
The key is to generate a solid list that starts with high equity homeowners and you can layer on top other filters like Notice of Default, downsizer, absentee owner, etc.In my experience, the goal isn't to make someone consider an offer on their home, they're either going to be interested in selling or not, you can't control that, but you can control trying to figure out is they have any interest and finding out their motivation.
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8 November 2024 | 12 replies
Tax delinquencies, Eviction notices, and just driving for dollars.
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4 November 2024 | 13 replies
If they say they moved early, you go and it’s vacant, if they haven’t turned in key or notified you they’re all out, you may have to follow rules for abandonment, like posting notice.
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4 November 2024 | 1 reply
As an agent who works with a lot of investors, I have recently started to notice more and more that people will evaluate a property based on its current metrics, and write it off.
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4 November 2024 | 14 replies
@Nathaniel C.I assume you have put them on notice.
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5 November 2024 | 6 replies
I've noticed that the discounts tend to be pretty decent when compared to the actual cost of renovation (not flipping status, just better in general).3.
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3 November 2024 | 3 replies
I think many can be easily overcome like finding an attorney and contractors in the area, but the most interesting challenge I can think of is how to hire someone to deliver late payment notices one day a month.