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19 January 2025 | 11 replies
That might include things like adding units, converting commercial space to residential, or finding ways to boost income (like adding parking).The key is recognizing opportunities while walking the property, and that takes experience.
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18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
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29 January 2025 | 9 replies
If you go RBTR, here are a few key criteria I've seen to assure comfort of living and lower vacancy / turnover:- at least 400sqft per tenant and no more than 2 tenants to 1 full bath -excess parking where folks aren't blocking each other in and you're not getting complaints from your neighbors about overtaking the street parking.
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9 January 2025 | 3 replies
For (C) (ii), if parking spaces are "0", is "Identified as _____ and containing _____ parking spaces" left blank?
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13 January 2025 | 10 replies
I use a regional bank and it seems like Stessa needs you to use a large national bank to not have consistent issues.
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16 January 2025 | 4 replies
As we’re beginning to get a grasp on the scale of the challenges ahead we wanted to highlight a few areas of note and concern that is already influencing the local and national real estate market.
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16 January 2025 | 2 replies
Asking about the SW suburbs specifically, in the land of long sidewalks and big actual parking lots.
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15 January 2025 | 10 replies
Squatters are a real problem nationally and a study found that they target not only vacant properties but those advertised for rent or sale that offer 'immediate occupancy.'
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10 January 2025 | 6 replies
Go to small local/regional banks NOT national ones.