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12 July 2024 | 40 replies
Of course all of these determinations of both return and risk are subjective; I rely on my experience to be able to properly discern the data and clues available concerning not only a particular investment but the economic forces in general.
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8 July 2024 | 6 replies
I am curious if running ads is an economical / effective method to sell our properties faster.
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9 July 2024 | 5 replies
However, I have not built my team yet (real estate agent, lender, property manager), and I’m not sure about owning a property I cannot visit and monitor myself, given my inexperience as an investor.Economic Outlook: I’m a bit concerned about the economic outlook but can hold onto the property even with lower rent.My Questions:1- Should I sell the property now and look for better deals, considering the declining market trends and my decreasing cash flow?
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8 July 2024 | 2 replies
. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
8 July 2024 | 4 replies
I just finished a project in Torrance, CA, and I found that California has a lot of additional requirements related to energy code and seismic design.Construction: it helps to get a contractor involved early in the design process.
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9 July 2024 | 21 replies
Focus your energy on moving forward. if you need help with people to get the space ready again to rent let us know.
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7 July 2024 | 1 reply
With many seasoned real estate investors locked into low first mortgage rates and large equity positions, many borrowers and investors have been exploring tapping second position loans like home equity lines of credit...
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7 July 2024 | 8 replies
It has to be move in ready, but there are exceptions for minor updates like energy efficiency updates.
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7 July 2024 | 2 replies
Imagine acquiring over 800,000 square miles of land, stretching from the Mississippi River to the Rocky Mountains and from the Gulf of Mexico to the Canadian border, for a mere $15 million — a touch below $440.3 million in today’s dollars.Basically 1/500th of a penny per square foot.This strategic acquisition not only expanded the United States’ territorial footprint but also unlocked immense potential for economic development and westward expansion.For savvy investors of the era, the Louisiana Purchase represented an unparalleled opportunity to capitalize on vast tracts of fertile land, abundant natural resources, and access to key waterways like the Mississippi River.
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9 July 2024 | 197 replies
But I generally ignore it because I don't want to waste energy on it.