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28 August 2024 | 23 replies
Again, nothing I say is legal advice, just merely observations of past clients doing things similar.
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26 August 2024 | 0 replies
This rapid lease-up highlights the strong demand for quality office space in the region.Germany: Alstria Office REIT Faces Pressure to Maintain REIT StatusAlstria Office REIT, owned by Brookfield, must increase its public float from 4.6% to 15% to retain its REIT status.
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28 August 2024 | 17 replies
You are not in a financial position to fund a long drawn out legal battle nor pay a significant retainer to an attorney3.
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25 August 2024 | 1 reply
Sellers should focus on emphasizing the unique value of their properties to attract the right buyers in this competitive environment.A significant change has been observed in the median time to contract, which has jumped by 71.4% to 48 days.
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24 August 2024 | 23 replies
We retain late fees when residents pay late not only because of additional work required (which may include verbal abuse from the resident for charging them the fee), but because it rarely has an impact on our client.If a resident pays late, we require the resident to pay with certified funds.
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24 August 2024 | 8 replies
Definitely second this - if you were thinking of taking 65% for yourself I would imagine you're pretty new to the STR management space (not a criticism, just an observation).
24 August 2024 | 7 replies
Is there a program or software that allows you to easily observe all the properties in your portfolio, as well as their details?
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28 August 2024 | 39 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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24 August 2024 | 3 replies
The notes from the Fed’s last meeting (held on July 30–31) included a big reveal: “The vast majority [of Fed members] observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting.”TP: Keep in mind that the last Fed meeting happened before: 1) the July unemployment rate jumped to 4.3%, 2) July CPI came in lower than expected, and 3) the huge, downward QCEW revisions to jobs growth.
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23 August 2024 | 8 replies
I'd say first identify a strategy, choose a market that aligns with it and establish your Core 4 Real Estate Team.The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with their chosen strategy.