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22 January 2025 | 22 replies
Here are some practical changes I would make to improve your property's performance:- Change your guest count to 6- Your target market will be small groups visiting for fun (birthdays, concerts, events, etc.)
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14 January 2025 | 11 replies
Then you hire a coach to accelerate your learning and take you to the next level.Using a sports analogy, it would be foolish to hire a basketball coach if your intent is to play pickup games every Saturday for fun.
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8 January 2025 | 7 replies
Pic for fun.
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5 February 2025 | 69 replies
Here is my timeline:Dec 2021: Bought a fresh canal lot Dec 2021: Signed contract with DeltaJan 2022: Permit appliedJuly 2022: Permit approvedAug 2022: Mono slab process started (lot scrapped)Jan 2023: Mono slab poured and inspection passed@Eric Winkler nice to be connected again.
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7 January 2025 | 20 replies
*As a side note, I think maybe it would be fun also to try and identify where new technology or machine-learning driven approaches could increase efficiency in the spaceAs for my financial situation, personally, I have around 50k saved but 20k of it is tied up in assets I don't want to pay capital gains tax on.
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31 December 2024 | 0 replies
Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.
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10 January 2025 | 67 replies
After a $500 plumber bill I no longer wish to continue stressing out about this business; at the beginning (10 years ago) it was fun and challenging, now, after seen how we are the ogres (landlords in general), the outrageous government response with the eviction moratorium during Covid, the raise in taxes and insurance, service people who charge you more than a brain surgeon, the fact that this country is becoming dangerously socialist and the tenant drama I finally decided It is time to look elsewhere for investments.I just cannot find any information of what to do when I sell my properties.
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8 January 2025 | 6 replies
When the housing market became seller friendly, I unloaded 5/6 of our long term rental units, paid off our house with that and invested in stocks and mutual funds…completely no fun, right??