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4 March 2020 | 9 replies
So, what we thought would be 7 human beings in a 4 bedroom (a couple and their 5 children) has now turned into ten human beings stuffed into a 4 bedroom unit, with seven children in two bedrooms.I can just see this when we get to court - we'll be considered monsters, trying to kick out an old lady with a walker and oxygen.
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13 March 2020 | 8 replies
Are there any investors that are into investing in the development of robotic parking garages?
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4 June 2020 | 2 replies
Scripts are robotic and feel unnatural.
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13 June 2020 | 15 replies
Awesome to hear that you’re thinking about pulling the trigger on a house hack - it’s easily the best financial decision you will ever make if done correctly.A lot of people on BP will tell you that renting by the room is not a sound investment; that you can’t effectively manage multiple strangers in a household; that you’ll relinquish your privacy/sanity/personal space/landlord status etc etc.As someone who lives with 5 roommates (including my wife + 2 dogs) I can tell you that it’s absolutely not the big bad monster that it’s made out to be.Because you have multiple streams of income in a single property, if a tenant flakes, you still have partial coverage of your mortgage payment - not the case in a traditional rental or “luxury” house-hack.
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12 June 2020 | 12 replies
He is a monster, still crazy how far up he got drafted!
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26 April 2020 | 4 replies
Lenders do not know when the worst has passed yet. 25% down if this is multifamily is likely a pipe dream right now unless you are going to put up years of monster reserves to appease a lender.
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30 April 2020 | 12 replies
It certainly is an option to turn the units into long term rental if you own just a few.Perhaps the only option.Many of these businesses with 100s of apartment units solely on the Air BnB model will suddenly be dealing with monster vacancies all at once though.It's not at all easy to go from zero to full occupancy in the current market.And tenants may soon begin to default on rent even on longer term leases.Coupled with all the creative financing that makes a scaled larger Air BnB portfolio possible, it's a perfect storm.
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10 January 2020 | 23 replies
Of course if I have a direct reason like "your credit score is too low" I will use it, but I can't say "your breath stinks, you didn't bother to take a shower before you showed up, and your kids are monsters".If this was a more popular area I could simply say "I chose another applicant", but around here it's just too obvious if that isn't true.
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26 August 2014 | 45 replies
When the tenants first moved in before they bought this monster compressor there were no problems.