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15 January 2025 | 7 replies
The process for commercial properties is basically the same as residential properties, so it takes work.Again, echoing Dominic, a good investment is a good investment, whether you spent 8 months courting an owner to get them to sell to you, or whether it is on CBRE/Cushman/Marcus/Loopnet or any other brokerage website.
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15 January 2025 | 10 replies
With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR on what I am looking for; then I am confident pulling the trigger quicky.
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14 January 2025 | 8 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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15 January 2025 | 15 replies
I’m temped to order an appraisal this month, or does that seem like over kill and do you recommend I sit back and trust the real estate process?
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10 January 2025 | 2 replies
While may not have high amount minimums, they may have a minimum $ threshold for cc processing, Ours is $0.60, with a discounted plan that could be a few as 8 records.
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19 January 2025 | 18 replies
I am in the process of accepting a 2 month lease month to month for a retired service member and wanted to just document his service animal as being on the property.
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15 January 2025 | 9 replies
And people think Ai is going to replace accountants.one can argue that apartments.com is just a processing the payment and not actually holding the funds to transfer out.If apartments.com all of a sudden reverses the payment for insufficient funds?
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4 January 2025 | 20 replies
Unfortunately, my experience has been problematic, to put it mildly:* Communication: There were significant communication issues, including difficulty scheduling calls, which is still an ongoing problem.* Additional Charges: Jenny requested that I deposit on her checking account an additional $20-25k for her to purchase furniture, which I refused because I thought it was very strange, opting to give my card # instead.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.
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14 January 2025 | 27 replies
Did I mention they also factor ongoing rent increases of 6% for the next 5 years and 7% appreciation for the next 5 years.
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9 January 2025 | 6 replies
I currently manage them both and am experienced with the whole process along with finding deals and analyzing them.