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13 January 2025 | 17 replies
My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.
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14 January 2025 | 6 replies
My suggestion to improve your cash flow is to find another bank/lender.
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16 January 2025 | 13 replies
University of Kentucky and Lexington-Fayette Urban County Government Land Swap: In 2018, the University of Kentucky exchanged 250 acres near its Coldstream Research Campus for control of several important roads in and around campus, contributing to economic development opportunities and improved urban planning.
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9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
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18 January 2025 | 16 replies
I apologized and said (and truly meant) I'd follow up on it and improve for the future.
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9 January 2025 | 4 replies
Very simply, large corporations pay into the tax base of that local community and that revenue is used to improve the community and make it a more attractive place for people to live.
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15 January 2025 | 8 replies
Everyone thinks they can paint but there's a big difference between a professional paint job and a non-professional one (the latter usually actually damages the property instead of improving it).
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13 January 2025 | 16 replies
I was overwhelmed with projects at the time but paid $35,000 and sold two years later without any improvements for $125,000.
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21 January 2025 | 40 replies
That alone was the biggest improvement for my business practices and allowed me to take all of my bookkeeping in-house and eliminate the expense I was shelling out for a bookkeeper.
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4 February 2025 | 9 replies
For example, if she can't visit the property, is she good at record keeping (so everything is organized at tax time) or finding vendors, comparing product prices, finding free or low cost items on Facebook marketplace to improve the rental)3. emergency fund.