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7 March 2024 | 2 replies
I work as a software engineer for Liberty Mutual Insurance and my wife is a manager at a dental office.
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6 March 2024 | 12 replies
If folks have any suggestions for good, mutually beneficial organizations (not ones that want to charge me $150 just to listen to the same old presentation), I'd love to hear them!
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9 March 2024 | 89 replies
It's also beneficial to continually educate yourself on real estate investment strategies, market trends, and financial management to adapt your strategy as you grow your portfolio.
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7 March 2024 | 3 replies
I would only consider this if they can demonstrate they are a professional company with a long history (operating 5+ years would be my standard), and if they are willing to make it financially beneficial to you (higher rent rate, they handle maintenance, etc.).There are a lot of "businesses" that started recently that have no real experience, meaning they've only operated in a strong market.
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7 March 2024 | 38 replies
Too undiversified for me though.Another alternative is to sell some of the physical properties and purchase an equal amount of a RE mutual fund to allow you to rebalance your real estate portfolio with non-real estate investments more easily and frequently in the future.
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7 March 2024 | 6 replies
Make sure to connect with everyone in the community, you will find it beneficial to your goals.
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7 March 2024 | 9 replies
It might also be beneficial to think of joining a STR mastermind, to keep growing and learning as you continue with this strategy.
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7 March 2024 | 5 replies
It may also be beneficial to require a co-signer for the lease, especially if the tenants are college students with limited credit history.When writing up the lease, clearly outline the rules and expectations for the property, including noise levels, guest policies, and maintenance responsibilities.
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6 March 2024 | 0 replies
You run the risk of turning off potential buyers and prolonging the sale process by pricing your property too high.To price your property competitively, follow these tips:Research the local real estate market to determine a fair price for your property.Consider hiring a professional appraiser to determine the true value of your property.Be willing to negotiate with potential buyers to reach a mutually beneficial agreement.Rather than reducing the price first, consider giving them other types of concessions.Remember, most listing sites have ways to filter properties by price.
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11 March 2024 | 152 replies
I'm not sure I would end up selling - I actually think they become more beneficial as you age.