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8 December 2024 | 14 replies
Communicating the Policy: Make the policy highly visible, especially to new members who may not be familiar with the forum's culture.Escalation Process: Consider a warning system before issuing a bill.
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3 December 2024 | 5 replies
Hi, I would highly recommend reaching out to @Michael H.
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3 December 2024 | 2 replies
Typically $2m+ homes don't cashflow due to high taxes, high insurance rates, and low rental demand.
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3 December 2024 | 6 replies
If you are too high, market rate customers will ignore you.
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4 December 2024 | 4 replies
Hey @Tempest Byrd - I ironically went to high school with a Tempest Rouge, I love that name!
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7 December 2024 | 150 replies
Again a high profit margin of 173.8%.
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2 December 2024 | 3 replies
Based on those numbers, yes CoC return is "accurate" but I wouldn't say it's "reasonable"...in fact, it seems VERY high.
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5 December 2024 | 9 replies
I would highly suggest starting with a rougher but livable/rentable multi so that you can learn and make money without all the downsides.
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6 December 2024 | 11 replies
I know my SF policy offered up to $1 million on each but I don't believe Erie policy goes that high which makes the umbrella even more important.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."