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23 January 2025 | 2 replies
Climate refuge is a genuine priority for many and a reasonably distanced retreat or refuge has perhaps never been more valuable?
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7 February 2025 | 7 replies
We only have one small property, so IÂ manually adjust the price based on what IÂ see for the month.Â
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24 January 2025 | 6 replies
In today's climate where expense growth is exceeding rent growth, it's critical to have this dialed in and solve problems before they mature into gaping performance gaps in apartment operations.
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1 February 2025 | 7 replies
Is anyone else in climate impacted areas experiencing a similar question of whether to get out?
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6 February 2025 | 6 replies
Otherwise the hold up of the sale and going back-and-forth we wanted to avoid.Because it’s now on the closing statement, are these a deductible repair expense like it would have been had it been before closing that would normally just be under schedule E as a repair expense.Cheers.Since the seller credit is now part of the closing statement, it’s generally treated as an adjustment to the purchase price rather than a direct repair expense.
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22 January 2025 | 12 replies
It's the middle of winter in a cold climate, so I understand not many people are moving.
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2 February 2025 | 20 replies
I was wanting to charge too much and didn't see the demand shift due to an early Easter last year.I am in pricelabs daily still adjusting.Â
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6 February 2025 | 8 replies
For example:CapEx: $250-300 per unit per year for older properties, adjusted based on age and condition.Maintenance: $500-800 per unit per year, depending on property class and tenant turnover.Make-Ready Costs: $1,000-2,000 per unit for turnover, depending on the scope of work required.Resources and Tools: Utilize tools like BiggerPockets’ Pro Calculator or other underwriting spreadsheets that have built-in assumptions for these categories.
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4 February 2025 | 6 replies
I recommend you do this annually to adjust for utility increases and other variables.
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23 January 2025 | 9 replies
Everybody is different, but the climate is tougher now as carriers begin to cull customers to eliminate unprofitable ones. Â