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13 February 2020 | 2 replies
More importantly I looked at how technology could not only improve lifestyle but cashflow:(These are general numbers not associated to a specific product, please price your own product and charge +/- accordingly)30 Unit Apartment$150 deposit per 2 "smart keys" (returned if 2 undamaged keys are returned - kept if not returned)= $4,500 on deposit at capacity$75 replacement - This will bring in a few hundred a year minimum on this property(Make sure your replacement cost to the tenant is more than your key cost for the hassle of reprogramming and to be paid for your time and cashflow, consider it like a contractors markup for services)If I pay $200 a lock I am in for $6,000. however in year 1 I receive $5k+in deposits or replacement fees that could be realized.
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25 February 2020 | 7 replies
I have basically held every role and enjoy the service industry lifestyle.
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24 February 2020 | 3 replies
They'll provide the real insight, but here are some metrics I look at:-Population growth-Job growth with higher wages-Business friendly-Diverse economy-Strong occupancy rates-Acquisition price-to-rent ratio-Landlord friendly-Infrastructure development-Lifestyle amenities-EducationBest of luck!
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25 February 2020 | 2 replies
I have also read a number of business and lifestyle books like the one thing, set for life, cashflow quadrant, never split the difference, etc.
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16 March 2020 | 8 replies
Wealth is fairly inconsequential to our daily lives, assuming we have enough to meet our needs - the lifestyle and career flexibility is what REI is all about!
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26 February 2020 | 2 replies
I'd focus on education and living a frugal lifestyle.
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2 March 2020 | 11 replies
With radical changes underway in lifestyle, wealth, climate, transportation,etc., the properties located in large, high end communities will have a much better chance of capital preservation and appreciation.
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2 March 2020 | 18 replies
@JD MartinCongrats on getting a new lifestyle asset.
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27 February 2020 | 4 replies
My name is Brett Stander, a fourth year finance major graduating from Drexel University in Spring of 2021 (five year program).While I understand the value of working a 9-5, W-2 job, I also see fear the dry, repetitive lifestyle that comes with it.
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8 April 2020 | 63 replies
I think what we're going to see are a lot of mandated lifestyle changes (e.g. considering cancelling the Olympics and March Madness with empty arenas) that could especially impact STRs from a real estate perspective, but just the lives we're used to in general.