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11 January 2025 | 4 replies
I completely agree that luxury rentals need to offer more than just aesthetic appeal; they need to resonate with tenant expectations and justify the premium rents.
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16 January 2025 | 9 replies
At $15K a year, that's just bare minimum without any of the other modules that Yardi offers.
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20 February 2025 | 51 replies
I believe I hear what you are saying though, for sure -- that it's better, more fair, and more likely to get deals, if you yourself can show up to the table offering something.... in hard cashbut you still have to know how "fix and flip" works, how to renovate something, how to negotiate.... what contracts to do, how long things take.... etcthat was the concept I liked about Gator, is that it's a team that passes that niche off to the other person, who is good at that - and they can all structure deals together.... you have the deal guy.... the money guy.... the fix and flipper guy, etc. -- and they find deals that could be good for all of them - and everyone is helping each otherI think BiggerPockets will be a potentially pretty reliable place - I know that there's different roles, "finders", "buyers", "sellers".... maybe I can just find deals, and connect people together, and get some kind of small finder's fee for it, or something.... ok so that first 10-20k is important to just be able to provide - when getting into this....
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22 January 2025 | 12 replies
@Donald Hatter thank you for the responses and offer.
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10 January 2025 | 4 replies
Quote from @John Friendas: I am trying to find the cheapest funding on a property I recently offered on.
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14 January 2025 | 10 replies
Quote from @Austin Jones: As a realtor focused on helping investors in the Richmond area, I’d love to offer some insights.
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13 January 2025 | 1 reply
The Outlook St deal offered a unique opportunity for a rapid turnaround with minimal investment.
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14 January 2025 | 4 replies
Sometimes, just offering to handle some basic admin work or help with marketing can get your foot in the door.If you’re not sure where to begin, you could take a quick online course to brush up on the tools or skills you think might be useful.
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13 January 2025 | 0 replies
We started with an offer of $1,000, but after some back-and-forth, we reached an agreement at $1,500.
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15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.