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23 January 2025 | 7 replies
In his words, this is away around the due on sale clause that you can run into in a sub - to transaction.My question - if the seller puts the property in a trust, will this avoid the potential of a due on sale clause?
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16 February 2025 | 2 replies
(Launch Control allows you to send follow ups after 30 days and costs a bunch to get additional market phone number)But wanted to ask anyone who has used Smarter Contact:- If you disabled the opt-out msg for your SMS, did any of your messages get blocked by the carrier?
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7 February 2025 | 16 replies
While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.
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12 February 2025 | 4 replies
Some of the best ones are offering rates as low as 5.75% at no cost to you, it just requires a 30% down payment.
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18 February 2025 | 2 replies
If this property is hard to rent, or is functionally obsolescent (only 1 bathroom, no yard, etc), or has deferred maintenance that will be costly, or is in a location that is not appealing to Tenants, then maybe a sale would be a good option in favor of a property that has better Tenant appeal, which will likely increase rent and avoid long vacancies in between Tenants.An option to consider....
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13 February 2025 | 0 replies
If you enjoy hands-on management and rapid income growth, this could be your strategy.Considerations: Expect higher maintenance costs, variable income, and stricter local regulations in some areas.3.
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20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
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31 January 2025 | 8 replies
Hi @Damon Diddit I would avoid Newark at all costs.
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23 February 2025 | 77 replies
With a very high costs are so many are stretched to the limit.
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4 February 2025 | 7 replies
In terms of other factors, I'm not sure there's a lot because I did have some people express interest in filling out an application before, and I actually got really close with one potential tenant, but it was because of the alcohol policy that he ultimately decided to back out.