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23 May 2024 | 7 replies
The combination of lower interest rates, accelerated amortization, and the income potential from renting out spaces within your property can set the stage for remarkable wealth generation.And for those taking the plunge into first time homeownership or those implementing the buy-one-house-per-year strategy with primary residence financing, remember that strategic moves today can lay the foundation for a robust and dynamic real estate portfolio tomorrow.Here's to unlocking the full potential of your real estate ventures - may they be as rewarding as the strategies you employ!
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22 May 2024 | 0 replies
This increase in dollar volume underscores the robust demand and high value of Miami real estate.List Price Success: Sellers received 97% of their original list prices on average, maintaining a steady rate from last year.Speed of Sales: Homes moved faster, with a median time to contract of just 28 days (a 6.7% reduction) and a median time to sales of 70 days (a 1.4% decrease).Inventory Levels: Active inventory rose by 27.3% to 3,864 homes, and the months’ supply of inventory increased by 33.3% to 4.4 months.
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20 May 2024 | 5 replies
If you're considering venturing into the realm of flipping properties, Fayetteville, North Carolina presents a promising landscape.Fayetteville, NC, stands out not only for its robust housing market but also for its exceptional quality of life and economic resilience, drawing a continuous influx of skilled professionals and military personnel.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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22 May 2024 | 77 replies
I ultimately decided to use another app to organize my properties (not as robust but does the job) and then bulk mail and/or skip trace them).
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20 May 2024 | 8 replies
Seek for regions with robust labor markets, expanding populations, and advantageous economic circumstances.
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24 May 2024 | 259 replies
The city's robust rental market driven by a growing population, ensures a steady income stream.
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17 May 2024 | 21 replies
Believe it or not, even the more robust systems out there allow for this, so really no online rental collection system is perfect.
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16 May 2024 | 8 replies
Known for its robust journalism program and spirited sports culture, the city also presents a variety of museums, such as the Everson Museum of Art and the Erie Canal Museum.
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13 May 2024 | 7 replies
Any recommendations for more robust or guest-proof options would be greatly appreciated.Thanks!