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10 September 2024 | 43 replies
But, they will also increase long-term returns for landlords in the areas they are implemented, because they will inhibit new development and improvement of existing housing stock.Every law that imposes "protections" for renters has the long-term impact of limiting supply.
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9 September 2024 | 12 replies
The storm water collection is based on the size of the parcel with some relief given if there’s storm water management systems on site (usually only applicable for larger sites where developments were required to implement such systems).
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12 September 2024 | 21 replies
I understand how if you live in a state where you can implement penalties for late payment (this is day 11 now, so today she is out of the mandatory grace period) it may be easier to incentivize residents to pay on time (in Florida, where I live, they start eviction proceedings on the third day after you are late), but in areas like Baltimore that are more tenant-friendly, what do you do to incentivize people to pay on time?
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12 September 2024 | 32 replies
@Masyn Grant BarneySmall multifamily properties can be profitable by implementing strategies such as a large down payment, house hacking, seller financing, short-term rentals, joint ventures, opportunity zones, and real estate syndications.
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10 September 2024 | 28 replies
@David Krulac Do you have a checklist of your due diligence items that you implement on every potential tax sale purchase in PA?
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4 September 2024 | 2 replies
A bit of a more advanced exit strategy, but one that can be extremely profitable when implemented correctly.We spent $18k to clean out the place and then we turned around and made $40k after cleaning costs, closing costs, and commissions.
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5 September 2024 | 13 replies
Because of this struggle, we implemented a safer 1031 exchange method.
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4 September 2024 | 8 replies
I agree all deals are slightly different and that makes a standardized system harder to implement but I started a living document to guide us through the wholesale process.
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4 September 2024 | 9 replies
So most of my clients implement and STR strategy with the option to MTR as back up.
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5 September 2024 | 4 replies
If the work is not 100% complete by the end of the Escrow period, may implement a .50% (on total loan balance) extension fee that will cover an additional construction term of 60 days.