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4 May 2024 | 18 replies
To create an effective and lucrative rental property portfolio, start with a strong foundation, maintain discipline, and adjust to shifting market conditions.Good luck!
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2 May 2024 | 2 replies
Here are a few ways technology is revolutionizing the real estate sector:Virtual Reality (VR) and Augmented Reality (AR): VR and AR technologies allow potential buyers to tour properties remotely, providing a realistic sense of the space without the need for physical visits.Blockchain and Real Estate Transactions: Blockchain technology offers a secure, transparent way to conduct real estate transactions, reducing fraud and speeding up the process.Property Management Software: Modern property management solutions automate many aspects of property management, from tenant screening to rent collection, making it easier and more efficient to manage rental properties.Embracing Sustainability in Real EstateSustainability is no longer just a buzzword; it's a critical consideration for the real estate sector.
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2 May 2024 | 31 replies
, or do you just make a percentage adjustment to your predictions?
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3 May 2024 | 19 replies
The rent cap and rate adjustment law in CA is not allowed to exceed 10% annually.
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2 May 2024 | 20 replies
Essentially large sheets of plywood made of timber, these panels provide exceptional structural strength, have a large amount of embodied carbon in them, are aesthetically pleasing, and can speed up construction times.Like many of the newer construction methods and products being used in the US, many building departments are not knowledgeable in the product and may need additional permitting time.
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3 May 2024 | 8 replies
The Committee makes no warranties, either express or implied, concerning the property’s condition, and no adjustments will be made for any defects that may be discovered after this date.
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1 May 2024 | 7 replies
@Chantel Gaaskjolen, if I'm letting a lease continue on a month-to-month basis with only a rent adjustment, I will use an addendum.
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2 May 2024 | 9 replies
The listing and the photos looks great and you are posting on all the top sites.I would recommend reevaluating the price to see if a price adjustment will drive traffic as well as consider posting to a site like Facebook Marketplace.I know that our market in San Diego is different than where you are located, but we are seeing it takes approximately 23 days for a property to be leased.
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2 May 2024 | 10 replies
Talk to your tax professional and adjust your structure as needed.
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1 May 2024 | 3 replies
However, if you slowly adjust pricing in anticipation of a surge in demand you will experience greater returns.