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13 December 2024 | 13 replies
Then with the more expensive homes, you leverage.
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10 December 2024 | 3 replies
Pro:- it’s trained to look for safety risks, expensive repairs- within minutes analyzes entire disclosure packet of hundreds of pages- works as another set of eyes that looks for things you should be watching out for, likewise of a companion - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)- beta is freeCons:- still in beta- can’t share report directly unless copy and paste- only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa- estimates it provides aren’t accurate- not mobile friendly
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10 December 2024 | 26 replies
:)To anyone reading this: if you happen to think using other people's money means you don't need any of your own, raising outside money may help you recover your expenses, but you still have MAJOR out of pocket expenses, typically, due before you can raise any money:Earnest deposit: most people raise after you get control of a deal.
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11 December 2024 | 14 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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13 December 2024 | 17 replies
Other additional expenses include smart locks for all rooms once a week house keeping and furniture.
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11 December 2024 | 6 replies
There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.
10 December 2024 | 13 replies
Have you figured what that would be after your expenses?
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10 December 2024 | 3 replies
We are now at 100% occupancy in our apartments and our restaurant is committed to a 3 year NNN lease and a $150,000 renovation at their own expense.
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12 December 2024 | 6 replies
An attorney said it would be expensive to be right so the developer built a single story home with the highest ceilings possible.