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17 January 2025 | 6 replies
I don't sell single-family homes or any other types of property, though I do own other commercial real estate.If you're looking to invest in multi-family properties, it's crucial to work with an agent who specializes in that market.
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23 January 2025 | 6 replies
The more common one is a flat value for the ADU, like they would for a pool or another bonus.
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30 January 2025 | 2 replies
Lack of startup funding is common.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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8 January 2025 | 6 replies
I am 19 yr old and am currently trying to find my first rental property and I am very eager to get started. I have to choose between a much cheaper market that I live in that is much easier to cash flow, but finding g...
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24 January 2025 | 35 replies
This has been admitted by almost every coach themselves.Here is a list of other common lies at the sales event which is a three-day “class” you pay $1500 for:1.
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7 February 2025 | 7 replies
If you find a Duplex or greater for under $250K and with rents common to the market at or above $1200 a door then you have some cash flow.
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28 January 2025 | 6 replies
My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.
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6 February 2025 | 5 replies
If you're unwilling to charge a common fee, I wonder how you're going to handle a problematic tenant who is late on rent or responsible for paying the plumber to remove a kid's underwear from a clogged toilet.How will you conduct a credit/criminal screening without an electronic application?
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12 January 2025 | 12 replies
Do some research to figure out what type of property—long-term rental (LTR) or short-term rental (STR)—best suits your goals.