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29 July 2024 | 2 replies
On the other hand, the tenant may be more likely to move to a different apartment since there are more options on the market and they could find a better fit.I think you can make an argument that it's actually better to have leases expire in "slower" or less desirable moving seasons like the fall and winter.
1 August 2024 | 125 replies
I practice situation awareness and keep my stuff locked down to minimize the risk I'll be a victim.
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30 July 2024 | 12 replies
But then I bought my four unit building in the Twin Cities, and partially due to time of year, and partially due to schedule, I called them in after our fall rehab was done, and they have done a great job getting me tenants....and they warranty them for six months.
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30 July 2024 | 18 replies
Once you find a house that you believe would be a good rental, meaning desirable to your target market of customers (people within a couple of mile radius of the place), and all of the costs of monthly ownership that you can accurately project fall below the rental amounts that you project that you can get from your target customers, then you have a possible business asset that you can use to produce income, and have renters pay down the mortgage, while hopefully it goes up in value at least with the rest of the economy.
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31 July 2024 | 11 replies
Fall on your sword with the municipality and tell them you were taken advantage of and want to move forward correctly now.
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29 July 2024 | 6 replies
The average life of large corporations, like those on the S&P 500, is only 18 years and falling.
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27 July 2024 | 1 reply
I want to be able to send and receive customized docs and signatures in a secure and simple way for remote onboarding of tenants without ever having to wait for the mail or printing out multiple copies again.Currently using Baselane for banking, rent collection, and bookkeeping but it falls short on the tenant record features at the moment.
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28 July 2024 | 2 replies
Talk to a local realtor who works with investors to see if $2600 is realistic for rent and who you'd be marketing to-likely a smaller tenant pool.Most people who rent fall into different categories-those who are just starting out and saving to buy their own home, those who move around and buying doesn't make sense and those who will never buy a home (either can't save the down payment, can't get approved for a mortgage or plain and simple don't want the responsibility of owning a home).
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24 July 2024 | 9 replies
While most of this year has been a challenge, this fall is looking far better in the Smokies, at least for the properties that we manage.
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29 July 2024 | 8 replies
How about a management company to handle all these for liability purposes.If we decide to go with a series LLC structure for our real estate investing, where should our management company (to deal with tenants, manage rent, deals with expenses, etc) will fall into?