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9 November 2024 | 27 replies
I was focused on capital raising, and none of the coaches had any advice about that.Based on how great the 3 day class was, I expected to find a lot more content.
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6 November 2024 | 12 replies
Every property of interest must be evaluated based on current and future performance.Current ConsiderationsTime to rentRenovation Cost & RiskInitial ROI and cash flowPurchase PriceMaintenance costAcceptable area rental restrictionsIn an area that is doing well and likely to do better in the future.In the migration path of urban sprawl.Future ConsiderationsThe location has a track record of appreciation and rent increases.It physically matches the expected demographic changes for the foreseeable future.Buy what your “customer” wants to rent, not what you think is a good property.
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7 November 2024 | 8 replies
These are great for setting expectations and as management tools (especially, if you actually set those amounts aside), but they aren't ACTUAL cashflows (even if you do set them aside).
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5 November 2024 | 6 replies
With winter fast approaching I need to fill vacancies fast.I have read through some of the post here and understand it can be a decent cash flow, but I would love some recent feedback from anyone that’s in the padsplit market in Atlanta on what to expect.
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5 November 2024 | 29 replies
I definitely rely on just peeking at my bank account every couple weeks to make sure things are as expected.
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6 November 2024 | 8 replies
With 100% financing the deal should fail and the seller should expect to lose.
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6 November 2024 | 5 replies
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
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4 November 2024 | 4 replies
Like many real estate projects, we expect her to bring:- Joy- Wonder- Tears- Unexpected Costs- Anxiety- FulfillmentExcited to embark on this ultimate life project and grateful for all the support as we “build” our family!
10 November 2024 | 19 replies
you more than make up for any loss of revenue by having operating expenses that are 50%+ less than what you would expect from a STR in the states or Canada.
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5 November 2024 | 11 replies
Research areas where there’s demand for these renters—proximity to hospitals, business hubs, or universities are great places to start.Furnishing the Property: Most mid-term renters expect fully furnished places, but not to the same extent as short-term rentals.