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20 November 2024 | 13 replies
Write the property on the receipt and keep a digital copy and the hard copy.Quickbooks Online is a good software for both receipt capture and organizing what expense goes with which property.
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22 November 2024 | 14 replies
Networking is key—try connecting with local investors, joining real estate meetups, or hopping into online groups to learn more and build relationships.
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22 November 2024 | 92 replies
In those situations, focus on value-add opportunities—like rehab, repositioning, or optimizing expenses—that can increase the return on your investment.Keep in mind, the 1% rule is just a quick filter.
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15 November 2024 | 6 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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20 November 2024 | 7 replies
Bigger Pockets isn't letting me include his contact info in this post, but it is easy to find online
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21 November 2024 | 18 replies
Also keep in mind that "source of income" is a protected class in Maryland.
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20 November 2024 | 4 replies
In their mind, they just need some local knowledge and access to off-market properties.
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19 November 2024 | 5 replies
Engage in networking, social media, on line forums, associations, etc and showcase your expertise.3.
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21 November 2024 | 6 replies
Like "renting to section 8 tenants is actually really easy", "your agent is not on your team just connect with people like me doing hundreds of deals every day and use my team instead", that hood properties will have "15-25% net caps" for beginner out of state investors when in reality they will definitely lose money every month due to the rent not being enough $ to maintain a rental property, never mind all the tenant issues involved with this property class or the difficulty of managing them remotely... but he's done thousands of them just this week while sitting on the beach in Florida...
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19 November 2024 | 5 replies
More five-star reviews mean better placement in online travel agencies (OTAs) and higher revenue.Dynamic Pricing That Maximizes Profit: With tools like PriceLabs, pricing automatically adjusts to local events, seasonal trends, and demand surges—no more underpricing or overthinking.