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13 November 2024 | 3 replies
That means there are higher chances you will find someone who can do a good job at installing it vs using a less installed LVP connector system.
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12 November 2024 | 171 replies
Sometimes those can be higher cap with good financing.
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12 November 2024 | 7 replies
It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!
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17 November 2024 | 32 replies
Not this crazy stuff you see on TV. 90% of S.O. that are looking for rentals specially if it is a higher price like say $1,000 or more are serious people that are trying to rise above the muck and be a better person.
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11 November 2024 | 4 replies
If you’re aiming to attract higher-paying renters, consider going taller (10-12 ft) for flexibility with larger items or small vehicles—this may boost interest and rental rates.
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13 November 2024 | 24 replies
They have had talks about letting us approve members in the future but I'm not sure if it will happen or not.For us the benefits of higher cash flow outweigh the costs of evictions when they do come up.
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13 November 2024 | 8 replies
People who have money may prefer to seller finance but if someone is retiring they most likely don’t care about a higher sales price they want to avoid the riskYou mention ou have a 100% close rate - then why not just buy it was traditional financing if you really want the deal?
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13 November 2024 | 7 replies
It also appraised ~3% higher than contract price.
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11 November 2024 | 11 replies
When you start leveraging 90%+ especially with today's higher rates and the high cost of multifamily's compared to their rents, the numbers turn upside down real quick.
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14 November 2024 | 13 replies
Final appraisal came in way higher than we expected and made $57,000 after paying ourselves back and hard-money lender.