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17 July 2024 | 3 replies
I've heard of a seller acknowledgement form, having a limited power of attorney, nonrefundable deposit, etc.
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17 July 2024 | 12 replies
The router is on the top level, the lock is on the main floor and power goes out regularly.
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18 July 2024 | 18 replies
I purchased an apartment before covid when prices rocketed and sold it for 40k over purchase price.
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18 July 2024 | 7 replies
You're clearly in a position of power so rushing into another deal or renting something you don't want to rent makes no sense.
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17 July 2024 | 5 replies
A $50K investment from a psychiatrist who has no idea what they are doing but wants the "freedom" "low risk" and "generational wealth" the GP promises comes with zero power over the syndicator in an incredible lopsided distribution of power not available from most other sources of capital. 2) Ability to Charge WAY more in fees: A naive accredited investor with little experience in private investments will fork over fees like: - 2.5% acquisition fee- High Management fees (2-5% of rents) - 2.5% disposition fee- 1-2.5% refinance fee- 20-30% carried interestThe fees that many of these social media influencers charge would get them laughed out of the room by any family office or private equity shop.
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14 July 2024 | 6 replies
Quote from @Emory Clayton: It's not rocket science.
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17 July 2024 | 10 replies
But given our tribe's tendency to skirt the rules and believe in the magical powers of "I will just tell the IRS..." - it's a slippery slope.
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17 July 2024 | 8 replies
that's the most powerful way to start. period.and there is absolutely nothing wrong with saving - most people can't even do that!
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16 July 2024 | 0 replies
AI-powered platforms can be a useful tool to manage the routine tasks of a landlord such as collecting rent, tenant screening, maintenance requests and tenant communications.
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16 July 2024 | 0 replies
The real test will come when the Fed begins to cut rates, as indicated for later this year, making it a challenging market for both parties.”Clare Losey, ABoR’s housing economist, recently said, “From the buyer’s standpoint, there are a number of advantages and disadvantages…The biggest headwind to them are higher mortgage rates and the decline in purchasing power.”Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single-family home in the City of Austin for the first half of 2024:The median sales price for a single-family home in June 2024 was up roughly 16% from the beginning of the year.