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16 December 2024 | 4 replies
As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.
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23 December 2024 | 9 replies
A strong partnership benefits both parties.Happy vendors are more likely to prioritize your jobs and provide high-quality service, benefiting both tenants and owners.Balancing Stakeholder NeedsBalancing these relationships requires a strategic approach:1.Standardized Processes: Implement systems that ensure consistency and efficiency in addressing maintenance requests, approvals, and payments.2.Transparency: Use technology, like owner and tenant portals, to provide real-time updates and visibility into ongoing issues.3.Regular Communication: Maintain open lines of communication with all stakeholders.
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24 December 2024 | 8 replies
Making the right decision upfront is important to avoid the challenges of switching management or service providers down the line.
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20 December 2024 | 0 replies
We’re being funny because there's still a bit of nuance here.There are strict guidelines and it's sometimes a blurry line between being an RE pro vs not.
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24 December 2024 | 9 replies
Give yourself a maximum 1 year time line and move again!
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27 December 2024 | 34 replies
The buyer pool is beyond flakey..Your best bet is a local investor.
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18 December 2024 | 6 replies
I basically just told them when they moved in that any drama that may arise from them sharing the house is between them and has nothing to do with me (as long as the house/people aren't being physically harmed).If you do end up renting to veterans I think your best bet to ensure everyone gets along is to just make one lease for all 4 bedrooms.
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17 December 2024 | 1 reply
I'm willing to bet you may have to pay some of their demand to ensure this doesn't happen.3.
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16 December 2024 | 11 replies
Liquidating the property is by far your best bet.
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25 December 2024 | 10 replies
I think your expectations are out of line with reality in many ways.