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16 January 2025 | 26 replies
While metrics like square footage or price per square foot matter, the number of bedrooms, bathrooms, and overall location are often more critical for attracting tenants.Engaging a property manager early on can save you from costly mistakes and help you invest in properties that perform well in the rental market.
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31 December 2024 | 0 replies
We installed fresh flooring throughout, updated the bathroom, and gave the entire property a fresh coat of paint inside and out.
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13 January 2025 | 17 replies
They are listed at market value, but I made a discounted offer to purchase a few of them.- I prioritize building strong, professional relationships with my buyers by taking the time to understand their needs and goals.
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31 December 2024 | 6 replies
And generally you will have to take a hefty discount trying to sell as a package.
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29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
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27 January 2025 | 13 replies
What we have learned is that most people avoid these properties entirely, which allows us to purchase them at a significant discount.
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8 January 2025 | 11 replies
For example , the rental amount doesn’t depend on number of bathrooms, garage, basement status or property size.
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21 January 2025 | 59 replies
On the other hand, you can flip in any neighborhood as long as you are buying at a steep discount below ARV.
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22 January 2025 | 31 replies
You also need a good source to acquire the properties at a discount.
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2 January 2025 | 37 replies
But don't discount a deal killer as negative when they only work in your best interests.