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19 January 2025 | 2 replies
More units usually is better, but costs more.
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7 January 2025 | 3 replies
It’s a cleaner, more reliable solution, and while the higher subscription cost can feel like a drawback, it’ll save you a lot of headaches and time in the long run.
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27 January 2025 | 7 replies
My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.
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18 January 2025 | 2 replies
They’re upfront about timelines, costs, and any hiccups that might pop up.
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23 January 2025 | 9 replies
So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost.
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20 January 2025 | 3 replies
(after I deduct all the labor/material costs).
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18 January 2025 | 10 replies
It's the cash you put in that's your cost for the property.
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21 January 2025 | 2 replies
I think it was for down payment and closing costs.
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14 January 2025 | 17 replies
The PMS around here are pretty terrible, I've worked with a lot of the larger ones in Cleveland and I think they just take on more properties than they can effectively handle and don't hire enough additional employees to make it work.
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12 January 2025 | 8 replies
https://www.biggerpockets.com/forums/93/topics/1224328-new-l...here is a thread I just did on Oregons new law that takes effect July 1 2025.