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31 October 2024 | 6 replies
It's absolutely worth taking a deeper dive.I've been investing in Detroit proper since 2019 and have 12-doors there.
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31 October 2024 | 0 replies
In a split second, they might click your link, and just like that, $10-$30 of CPC goes out the window.The main takeaway is this: always ensure your campaign shows up for the right KEYWORDS.
1 November 2024 | 11 replies
This is typically part of the screening process to ensure that the property meets occupancy standards and to prevent overcrowding.
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1 November 2024 | 5 replies
Thorough tenant screening and ensuring the property is well-managed can prevent these issues.Misjudging Refinance Timing:Timing the refinance is tricky.
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1 November 2024 | 8 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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29 October 2024 | 6 replies
@Emilie Pa Consult a real estate attorney to ensure the property transfer from your Canadian company to yourself is legally sound and compliant with California laws.
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5 November 2024 | 34 replies
Bear in mind, you will have to tweak these numbers based on what you think are proper estimates.
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30 October 2024 | 2 replies
I see firsthand how crucial it is for owners to stay vigilant and informed about how their rent is calculated—both during initial lease-ups and at the time of rent increases.I can’t believe this is happening, but I’m here to ensure you receive the rent you truly deserve.
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31 October 2024 | 7 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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29 October 2024 | 5 replies
This can be a useful tool in situations where a tenant is uncooperative or unwilling to leave, but it's important to approach the process carefully to ensure that it's successful.