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5 April 2024 | 12 replies
Here are some things to consider when deciding whether to lower the rent: Evaluate Market Demand,Assess Feedback, Be Flexible, Remember, finding the right balance between maximizing rental income and minimizing vacancy is key to successful property management.
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4 April 2024 | 10 replies
Evaluate your savings, income, and outgoings; moreover, educate yourself about mortgage alternatives and programs that help with a down payment.
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5 April 2024 | 14 replies
To evaluate the standing and dependability of various lenders, look for reviews on the internet.
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4 April 2024 | 6 replies
If you're considering a 4-tenant retail development, I'll assume you've already performed a fair amount of the preliminary due diligence and evaluation such as:* identified actual demand for the product type in the market you are considering, along with supply in process within competition area to the proposed site.* understand current market rents for the type of tenant and construction you are considering, and at your specific location.* understand delivery timelines, TI schedules, and general construction process/permitting for you and the end users.* have identified the most likely tenants for the development in question, and understand the building criteria each have for spaces.If you haven't answered "Yes" to each of the above, I would recommend pausing until you have the above nailed down.
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4 April 2024 | 15 replies
I only do 12 month leases and re-evaluate the rent price based on market conditions at that time.
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3 April 2024 | 0 replies
Ensure you have a buffer for unexpected costs.Risk Assessment: Identify and evaluate potential risks such as market volatility, changes in interest rates, tenant turnover, and property damage.
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6 April 2024 | 45 replies
You play with the idea of selling or at least exchanging, why not get a property evaluation going?
5 April 2024 | 27 replies
I'd recommend evaluating Ohio's submarkets also.
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4 April 2024 | 12 replies
You may think you know a lot about the data, but evaluating the actual house isn't the same.
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4 April 2024 | 10 replies
Therefore, it is important to think beyond the present and evaluate the best option based on foreseeable future events.