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4 August 2024 | 37 replies
You should be able to negotiate that, though.It's pretty common for high-end property managers to charge around 10% of gross revenue, plus one month's rent for placement, and some sort of renewal fee.
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1 August 2024 | 3 replies
You may encounter a large cap ex hit in the 1st year of ownership before your cap ex money has accumulated from rent and there should be leeway to handle that with some sort of reserve funds or maybe an open line of credit.
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31 July 2024 | 13 replies
There is even more options on hemlane about them providing some sort of payment card.
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1 August 2024 | 2 replies
What sort of rents can you get out of it?
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31 July 2024 | 2 replies
Following.What sort of property do you have?
2 August 2024 | 15 replies
If you need fast money, I would go into some sort of a sales trades or stock trading.
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2 August 2024 | 19 replies
If they want the business, they will sort it out.If you're going to have a fax machine.
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30 July 2024 | 4 replies
My partner has selected JURNY PMS to host our STRs and I'm having some trouble finding some integrations I would like to use for the property.
31 July 2024 | 10 replies
Ok I will check those websites out, Thank you.There's a variety of ways to get a deal in front of you (I'm mostly a flipper), but basically if it looks promising, I run custom comps queries and check the current & past $/sf of renovated/distressed product in that city or zipcode.Here's a chart on 90066 I generated from my tool under Market Stats > Sales Data > Specific Zip Code:- My above chart (more available) shows the Avg Renovated $/sf (High) over time in this Zip Code, something completely different than charts/providers based on Averages/Medians only, like every other platform (RedFin Below, https://www.redfin.com/news/data-center/):- Can't select smaller locations such as City or Zipcode for their $/sf data, so it's useless helping me underwrite/verify a deal.- Can set Zip Code for Median Sale Price data, but again it's the median/avg so it's useless helping me underwrite/verify a deal.Then if that looks decent, I'll run Sales Comps, and get a quick summary of some key metrics based on those comps.
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31 July 2024 | 9 replies
I understand that, but if you keep it as a primary residence and do some sort of house hacking deal where you rent out rooms, can you get passed that?