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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.
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25 August 2024 | 57 replies
You can choose to retain their services, or not.
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21 August 2024 | 9 replies
A landscape contractor that specializes in retaining walls can replace a resting wall if you have one that I don’t see in the photo.
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23 August 2024 | 19 replies
I'm an equity partner on four different apartment complexes and have learned a lot from talking with and observing the lead investor (i.e. syndicator) about raising capital and investor relations by being in those deals.If you are fortunate enough to find a mentor, it would be wise to find someone with integrity, who has multiple SUCCESSFUL deals under their belt and believes in consistent and clear communication with their investors.
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22 August 2024 | 29 replies
I provide a more detailed description of this under the Opportunities section.OpportunitiesIf MTRs are proven to provide superior income to LTRs, we can easily replicate success.Based on my observations of websites, MTRs appear different from LTRs.
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21 August 2024 | 7 replies
My goal is to purchase a small multi-family property with an FHA loan that I can self-manage while retaining my day job as a software engineer.I have been causally reading books, listening to podcasts, and self-educating on personal finance and different asset classes for the last 2 years before finally deciding on real estate; but I still feel like I do not know enough to go at it alone.
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22 August 2024 | 18 replies
Many of them will jump into property management, thinking they can retain clients and earn some easy money by collecting rent checks.
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22 August 2024 | 17 replies
From my 6 years of living in USA, my observation, I have realized that in American norms, parents' well-being in not their kids' responsibility.