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21 May 2024 | 4 replies
Good info here and they regularly update readers on any proposed, current, and completed projects in NYC.I haven't yet subscribed to their Yimby+ membership but this may have more information.
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24 May 2024 | 259 replies
Quote from @Yenusu Shaheed: I work in Real Estate in Dubai and right now Dubai is becoming one of the cities in the world with high return on investment because if you buy property in Dubai starting from 700,00aed you have 2 years visa 1M you have 5years golden visa with your family members , 2M and above 10 years golden visa and the safety of the country when it comes to investors , there Escrow account monitored by the government on behalf of the investors and the developers , cities now am becoming expensive due to high demand.
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22 May 2024 | 77 replies
Does anyone know if DealMachine stops sending regularly scheduled mailers to a property if you do not renew the subscription?
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21 May 2024 | 9 replies
I could pay a regular marketing firm to build a site, but since so many STR owners have this need, I have to imagine there's an off the shelf option rather than having a custom site built.
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22 May 2024 | 10 replies
I would be weary of that. the rate and terms seem more favorable for a regular transaction. take the cash now or keep the property.
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20 May 2024 | 8 replies
RV parks are evaluated more like a regular business than most other real estate sectors.
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23 May 2024 | 43 replies
There is an amount of money I'm willing to give up to NOT have to deal with my tenants on too regular a basis.
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21 May 2024 | 4 replies
What if the new owner backs out of the job and gives it to their "regular guy", will the original contractor come after me for any expenses/materials spent?
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20 May 2024 | 88 replies
Unfortunately that is misInformation, as the formation of a series LLC is only slightly more cumbersome that a regular LLC, and you can get it done for under $1K.Let me know if you’d like to discuss my structure further.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.