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28 December 2024 | 13 replies
They appear to have run into liquidity and cash flow issues currently and worst of all have gone dark and not shared any of the requested financial information.
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26 December 2024 | 7 replies
You should ensure the property is inspected regularly, maintain climate control to manage moisture and temperature, and address small issues like leaks or cracks early to prevent costly repairs.
16 December 2024 | 20 replies
You are best off getting a plumber out there ASAP to identify the leak and repair it.
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25 December 2024 | 28 replies
Let is know what finally happens and if you are able to solve the issue.
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24 December 2024 | 17 replies
I am in Milwaukee, very hot rental market.Whenever you have an issue like this, think with an XLS and project dollars, for example:- 2 months lost rent: 2 x $2000- 5% lower purchase price: $15,000
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23 December 2024 | 2 replies
There's a good chance the issue(s) you face has already been discussed and answered.Ask questions in the appropriate forum.
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27 December 2024 | 13 replies
This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc.
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26 December 2024 | 13 replies
@Sofia De Santos Tavarez if you haven't already, have the property professionally inspected.This should catch MOST of the structural, health & code issues - but not all.
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26 December 2024 | 3 replies
However, a recent delay in its opening, now pushed to 2025 due to supply chain challenges and other logistical issues, has created a mixed landscape for real estate investors.Real Estate Growth: The Big PictureWhen fully operational, BlueOval City is projected to employ about 6,000 people.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.