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5 January 2025 | 17 replies
Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area.
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25 January 2025 | 25 replies
It's a forced equity and appreciation play with the benefit of personal use and the hope that 100% bonus depreciation comes back.
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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15 January 2025 | 39 replies
Hi Lorenzo, Within my 20 years of experience, I’ve seen this play out many times, especially in competitive markets like East Boston.
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17 January 2025 | 20 replies
🙌 I’ve definitely seen the pros and cons play out in both single-family and multifamily properties in my own journey.
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2 January 2025 | 15 replies
@Brady Ascheman To make the decision strictly from a Property Management standpoint you have to calculate your vacancy cost and cost to acquire a new tenant to know if a rental increase is even a smart play.
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9 January 2025 | 18 replies
Negotiating is a skill that needs to be practiced and consistently role played to get right.
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4 January 2025 | 35 replies
I would only consider Decatur for a cash flow play, not an appreciation play.
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28 December 2024 | 1 reply
Once that's covered, you can go all-in on those fabulous renovations.Effective marketing plays a pivotal role in attracting tenants and increasing property appeal.
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3 January 2025 | 26 replies
If first time home buyers are having a difficult time coming up with the funds for even the costs to play as a first time home buyer then are the non profits supposed to pay the buyers agent commission too?