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22 November 2024 | 92 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.
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21 November 2024 | 23 replies
You should also consider joining your local real estate investors association for additional education and networking opportunities.
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19 November 2024 | 5 replies
More five-star reviews mean better placement in online travel agencies (OTAs) and higher revenue.Dynamic Pricing That Maximizes Profit: With tools like PriceLabs, pricing automatically adjusts to local events, seasonal trends, and demand surges—no more underpricing or overthinking.
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19 November 2024 | 6 replies
For auctions and sheriff sales, building relationships with local auctioneers and monitoring county websites can be great starting points — wishing you success in growing your portfolio!
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18 November 2024 | 1 reply
The details are often available on local county records or auction listings.
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20 November 2024 | 2 replies
Focus on potential profit margins and market trends.Be Local: Understanding micro-markets within these neighborhoods can mean the difference between a good flip and a great one.Network: Partner with investor-friendly agents, contractors, and wholesalers who know how to find and secure off-market deals.Nashville's real estate market continues to thrive, and these neighborhoods are at the center of the action.
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18 November 2024 | 1 reply
Check with your local cell carriers.
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18 November 2024 | 1 reply
I also use social media for hyper-local content, showcasing community highlights and market trends to build trust
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21 November 2024 | 18 replies
Real estate investing clubs - If you do a simple google search you should come up with a few options for local REI clubs depending on your area.2.
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19 November 2024 | 24 replies
If you are out-of-state, your contractor is not your eyes, you need a local unbiased friend.5.