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8 March 2024 | 2 replies
I have never used, but the retail landlord I used to work for uses DashComm to allow their tenants to pay rent and report sales.https://www.phillipsedison.com/neighbors/dashcommAgain, this was not rolled out when I worked there many years ago, but I know a vast majority of their tenants have escalation clauses, NNN's, some properties have utility pass throughs that vary each month, etc.I will also say, for what it is worth, they had a full AR department that would mail out statements every month to every tenant.
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8 March 2024 | 4 replies
In a bid to get people into these homes and paying property taxes, the state of Arizona rolled out a plan for active duty members that paid 22% down on any house in the state that had previously been lived in.
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8 March 2024 | 11 replies
Have you verified rent rolls?
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8 March 2024 | 12 replies
But most investors roll into a Debt Service Coverage Ratio, DSCR, loan.
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8 March 2024 | 12 replies
Hi all,I'm looking to get the ball rolling with possibly investing in a condo to rent out in the Hudson county area and was curious if anyone can give me some guidance or maybe talk about a few things they learned from their experience with this.
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7 March 2024 | 8 replies
Closing cost can also be rolled in if there's room in the loan amount.Happy to take a look.
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8 March 2024 | 6 replies
Hi Hunter,Have you considered using strategies that rolls over the cash quicker like STR, flips or BRRRRs?
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7 March 2024 | 1 reply
There are not many multi-family options available in my local area, and the ones that are available are overpriced or the current rent rolls are extremely below market average($200-$400 per unit).
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7 March 2024 | 4 replies
For example, moving all the furniture out of the room, rolling up the rugs etc to visually inspect every inch of the flooring probably won’t fly.
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7 March 2024 | 6 replies
Direct mail is somewhere in-between.Just pick one outreach method and grind at it for 12 months, putting in the work no one else will.I'm sure your you can get access to a list through your brokerage.Make sure you have a good tracking system in place to follow up.Start with a script, use script at least 100 times, track KPIs and objections, then make improvement to script and repeat.Once they are interested, you'll need the T-12 and rent roll to get started on creating the OM.