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7 February 2025 | 0 replies
Time is money, and SB-423 speeds up the permitting process, making it easier to get projects off the ground with reduced delays.Navigating Carlsbad’s ADU RegulationsUnderstanding Carlsbad’s ADU regulations and permitting procedures is essential for successful development.
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10 February 2025 | 22 replies
Just because they've been there for X years doesn't automatically mean they are a good renter.3.
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1 February 2025 | 14 replies
If you want to grab a coffee sometime and chat about investing in Calgary please let me know 👍 four, zero, three - four Seven, nine - eight ,nine ,nine zero
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4 February 2025 | 13 replies
The IRS automatically classified your LLC as a partnership when you requested the EIN, which requires filing Form 1065 and issuing K-1s to both of you.
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12 February 2025 | 4 replies
HVAC or any structural issues like foundation or framing should automatically be outsourced to a contractor.
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3 February 2025 | 4 replies
That one month of lost income will take seven months of cash flow to recover.
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14 February 2025 | 4 replies
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
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13 February 2025 | 17 replies
Here are 6 common guest types and the amenities that attract them:1️⃣ Business Travelers – They need high-speed Wi-Fi, a dedicated workstation, blackout curtains, and a coffee bar to stay productive.2️⃣ Families & Groups – Safety, durability, and functionality are key.
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28 January 2025 | 1 reply
We bought a 55-unit last year in the same market, a market we've been investing in for seven years.How we found itOur property manager brought us this opportunity (and the three previous as well).
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3 February 2025 | 0 replies
The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.