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17 March 2024 | 2 replies
It’s possible I did a poor job of explaining this, this isn’t really a service for investors per se’ in fact I would probably in an ideal enjoy doing this more for primary home buyers, this to me is an alternative to the 2.5% commission model, you cut out the most time consuming and often in my opinion least valuable part of the job which is showing people around and opening cabinets and seeing if they are soft close or not lol (I presume in this new world there will be more open house, more showings by listing agents, possibly more services that allow buyers to show themselves houses like the Redfin does on some of its listing) because of that plus the guarantee of getting at least something for your time allows you to theoretically charge much less while still providing the important parts of the job, like you should consider this area, let’s go over this home inspection repost, here’s how we should craft an offer etc, even spending time explaining rent vs buy calculation and personal finance etc, plus the being able to be paid regardless of your advice, I’ve had countless clients who has just a myriad of bad ideas I’ve talked out of, but of course you don’t get paid for that in this commission structure.
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17 March 2024 | 18 replies
Ideally not until you lock is when you will get the actual rate.
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16 March 2024 | 2 replies
It is not ideal as our house is packed and my husband is in short term housing, but my husband is pretty disgusted with the way the seller has handled this in general.
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17 March 2024 | 15 replies
Yes, I do believe that running as a STR for 4 months out the year would be ideal for this property if we decide to go that route, I'm really just curious about the increase in the property value itself.
16 March 2024 | 14 replies
Maybe they will sell, but they want to live there for another 6 months or pick their ideal sale date.
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16 March 2024 | 8 replies
.  the ideal property.
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16 March 2024 | 5 replies
This strategy is great, but it fluctuates depending on the time of year, you probably won't live for free because it is more challenging since you are only Airbnbing a small space or basement unit.4) MTR - this is a good in between style of creative strategies since you can furnish a place nicely that would rent out on Airbnb but you want a long-term high quality tenant like a travel nurse or corporate rental that stay for 2-3 months vs. under 30 days for most Airbnbs.Combining strategies is the best way to go, ideally, you would find a property with a separate entrance or walkout basement, live upstairs in the one of the bedrooms, rent out the other upstairs rooms and STR/MTR/LTR the bottom unit.
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15 March 2024 | 4 replies
Here are a few steps you can take to get started:Establish Your Investment Criteria: Specify your ideal property type (duplex, single-family, etc.), target communities, budget, and estimated cash flow when defining your investment criteria.
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16 March 2024 | 6 replies
The property is nice but the house layout is not ideal for a rental.
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15 March 2024 | 4 replies
Everything is highly individualistic and there isn’t a “right or wrong”, but what works best for you and your situation. 1) what is your ultimate goal for your ideal investment property?