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15 January 2025 | 2 replies
Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price.
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26 January 2025 | 7 replies
Here’s what I recommend instead:Offer Value Beyond Price: Rather than just lowering your rates, focus on adding value to the guest experience.
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21 January 2025 | 10 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.
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2 January 2025 | 12 replies
You are likely overpaying by $5,000.Broker fee of $3,000 and Processing Fees of $2,000 seem out of place...but then again, i never used a broker to get a loan so I am not sure about that.If the broker was able to get you an interest rate or loan product that you wouldn't be able to find on the open market...its high, but likely fair.if you are getting a loan product that you could have gotten by going to a normal bank...seems high and unnecessary.
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12 January 2025 | 12 replies
The removal of the Taxable Value cap and the switch to Non-Homestead millage rates can double, even triple, the property taxes.
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28 January 2025 | 14 replies
Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners.
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19 January 2025 | 9 replies
I understand they have a little bit higher interest rate, but what are the risks of DSCR loans?
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12 January 2025 | 8 replies
Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.
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5 February 2025 | 56 replies
The amount of capital required from your savings to purchase multiple properties depends on the appreciation rates.
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19 January 2025 | 47 replies
It's a loan based on your revenues.