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21 January 2025 | 27 replies
OTRCH operates a couple of what I call "wet rehab" centers meaning congregate housing for persons otherwise homeless and there are several other agencies like "First Step House" etc. that might be interested in a presence in this block.Or you could cut your losses and put it back on the market under the "greater fool theory."
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18 January 2025 | 15 replies
Common tasks include guiding (for example, blind, severe physical disability), alerting (severe diabetes, seizures), retrieving/operating (pushing buttons, switches, etc).
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1 February 2025 | 19 replies
You also need the operating cash to do rehab.I say this because you mention FHA and low money.
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1 February 2025 | 9 replies
When you do the turnkey offerings to completely new investors like that, you're going to end up working with a lot of inexperienced investors who blame the turnkey operator for things that are a normal part of the property management business.
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11 January 2025 | 13 replies
It has been operating for 2 months now.
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17 January 2025 | 3 replies
If your property management company is good and has built an internal maintenance team which has set rates and had strong relationship relationships with licensed contractor which should keep costs in control, you should never need to shop contractors on your own I wouldn't think.So in short, our policy is give us your preferred contractors upfront if you have them, but then we work all tickets to resolution including dispatch, and payment of invoices.This is of course for operational expenses.
17 January 2025 | 5 replies
It sounds like you may be a better fit for a smaller operation that still offers guided tours.
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5 January 2025 | 2 replies
Does the operational company already exist and have income history?
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17 January 2025 | 7 replies
@Jay Hinrichs exactly the risk is even more than traditional development and the profit is actually less with more operational headaches.
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9 January 2025 | 2 replies
As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.