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26 February 2024 | 5 replies
To kickstart this project, a comprehensive home energy audit is on my agenda to craft a strategic retrofit plan that significantly enhances operational efficiency by 40-70%.This endeavor seeks to diverge from common quick fixes, such as installing baseboard heaters, which merely shift heating costs to tenants.
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26 February 2024 | 8 replies
Optimized doesn't just mean your digital environment, but all the basics like making sure the rooms look photogenic and have an Instagrammable moment, having backups off all bedding and replaceable items so your property always looks like the pictures, setting up strategic partnerships with local businesses, tour guides, etc...As far as management - make sure to have a handful of cleaners and contractors on good terms.
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26 February 2024 | 7 replies
Overall, seems like there's potential there, especially with some strategic improvements!
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26 February 2024 | 7 replies
Through extensive reading, planning, strategizing, and expanding our network, we've laid a foundation for our venture.
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26 February 2024 | 13 replies
This strategy takes advantage of Raleigh's growing market, where strategic investments in select neighborhoods can yield significant returns.
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26 February 2024 | 20 replies
@Brad Gibson - People love Hospitable for smaller portfolios, but I'm in talks with Guesty about a strategic partnership and they have a new platform coming out for smaller businesses.
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26 February 2024 | 11 replies
For instance, one of our properties generated $34,130 USD in December and $29,021 in January, showcasing the earning potential with strategic management and investment in property enhancement.
25 February 2024 | 19 replies
A noteworthy tax loophole, particularly beneficial for those yet to attain Real Estate Professional Status, offers a strategic approach to potentially offsetting OR EVEN ELIMINATING the impact of high job-related taxes.At its core, this tax loophole revolves around discerning between passive and non-passive activities within the realm of rentals.
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24 February 2024 | 2 replies
Location Matters: Don’t be afraid to leave your backyard.Choose a property in a strategic location that attracts tourists or business travelers.
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25 February 2024 | 28 replies
If done correctly, using a 5yr plan to get very strategic with personal living expenses and most possibly expand active income and net from such, one should be able to build a heck of a "$-Army" who is than going forward making significant dent's in debt month-after-month year-after-year and beyond.