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10 May 2024 | 4 replies
Every contractor's strengths and weaknesses are different, and they also charge differently.
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10 May 2024 | 7 replies
It has its strengths and weaknesses.Curious what other landlords/PMs are using, and what they like/dislike about their software.
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9 May 2024 | 2 replies
My strengths are attention to detail, QUICK learner, personable, stellar work ethic, and feel most productive when I can assist in others’ success, so ideally this proposition is for a two-way relationship.
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10 May 2024 | 28 replies
I don't see much change occurring, but hey, I could be wrong.The value of agency, as a whole, varies with market conditions in individual markets; varies with the condition, pricing and demand of an individual property; differs with the relative financial strength of the buyer.
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8 May 2024 | 12 replies
There are humans out there that will happily share their experience, strength and risk management, find those people in your local market.
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8 May 2024 | 8 replies
Accounting is not my strength so QB's user friendly portal AND bookkeeping services (extra charge) have been just what I've needed.I don't see the benefit in having separate accounts but perhaps someone else from the BP community can weigh in!
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4 May 2024 | 5 replies
It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.
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2 May 2024 | 20 replies
Essentially large sheets of plywood made of timber, these panels provide exceptional structural strength, have a large amount of embodied carbon in them, are aesthetically pleasing, and can speed up construction times.Like many of the newer construction methods and products being used in the US, many building departments are not knowledgeable in the product and may need additional permitting time.
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1 May 2024 | 11 replies
You are in the position of strength.
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30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,