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28 November 2024 | 13 replies
My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).
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25 November 2024 | 6 replies
They are highly regarded. $81.99 Bissel Little Green Machine spot carpet cleaner - https://www.amazon.com/Bissell-Multi-Purpose-Portable-Uphols...These are great.
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26 November 2024 | 6 replies
I populate all my own mailing lists, which typically involve only motivated sellers (high equity, divorce, probate, foreclosure, tax foreclosure, etc.).
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27 November 2024 | 4 replies
Ask a home inspector for their mold guy if you don't have one already.If these are otherwise high maintenance tenants: offer them the opportunity to break the lease and move out with no penalty (besides damages, of course).
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27 November 2024 | 16 replies
Some thoughts:- @Brian Burke insight on syndications should be highly regarded.- BP recently introduced passive pockets. - ideally every operator is sound at all aspects of being an operator, but there are operators who are outstanding at the operational side that are a bit lacking on the communication side.
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25 November 2024 | 0 replies
Purchase price: $600,000 Cash invested: $100,000 Here is an investment Flip Property I found for my clients in the highly desirable neighbourhood of Haysboro, Calgary Alberta, Canada.
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25 November 2024 | 6 replies
@James Harryton I have been filling up a building with high quality grade materials and amenities.
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26 November 2024 | 17 replies
I've reached out to lenders here on Bigger Pockets- but their rates & terms seem high (DSCR or just not good terms)- I qualify for a conventional loan, but my DTI is almost maxed so why pay an extra 2-3% DSCR when I don't have too.
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5 December 2024 | 31 replies
Their 14.75% fee seems high however considering they fill the property for you, manage the members and collect payments it's justifiable and you still cash flow over traditional renting.
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26 November 2024 | 11 replies
Because it means very high leverage.