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23 September 2024 | 20 replies
I was just working on a rate reduction on one of our properties and they asked our location and monthly rent.
20 September 2024 | 4 replies
Eventually the borrower signed the cancellation and new mortgage, with a big reduction in his loan balance, and we got through it.
22 September 2024 | 8 replies
Over time, as rents rise and your margins improve, a good PM is worth their weight in gold.
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24 September 2024 | 15 replies
And the property manager is the only person with a long-term interest in your property, so their opinion carries a lot of weight!
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20 September 2024 | 4 replies
Cap rate is one metric and it's like using your weight to determine your fitness level. 300lb NFL linemen are faster runners than a 200lb McDonald's regular.
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20 September 2024 | 9 replies
It’s like asking someone how much weight are they losing by getting better sleep.
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20 September 2024 | 17 replies
I find it's best to get your rental data from a few different sources, weight them, and then do the math.
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19 September 2024 | 2 replies
This week the FED outshined expectations and instead of a .25 basis point reduction they cut it by .50% which is huge for home buyers!
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20 September 2024 | 9 replies
However with MACRS, the earlier years are still more heavily weighted than the later years.
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19 September 2024 | 3 replies
In the US some markets are still pulling top dollar and other markets you are seeing price reductions.