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8 December 2024 | 28 replies
Quote from @Michael Kazalas: We just took on a newly renovated Padsplit in Mesa right now and have full occupancy but I'm curious how Turbo Tenant compares to Padsplit pricing Turbotenant was free and I used it when PS was a little slow.
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3 December 2024 | 9 replies
One of the project neighbors slowed the project by 6 months by appealing the staff decision through design review, planning and zoning and city council.
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5 December 2024 | 7 replies
Sometimes a slow and steady plan is better than being ready to jump on a deal.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
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3 December 2024 | 3 replies
However going into what is normally the slow season, I am concerned about occupancy.
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27 November 2024 | 8 replies
Happy Thanksgiving to the BiggerPockets community!I am looking for feedback on what to do next with my real-estate portfolio.Current situation: - We have 5 rentals properties spread across Tulsa & Florida (9 doors...
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22 December 2024 | 105 replies
Give it your best pitch, cause we all know no strike or strike-- you're going to face the reckoning.Fast solutions have slow problems.
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2 December 2024 | 0 replies
Scaling was slow, and we reinvested almost all of our profits into new deals to keep building.At this point, I feel like we’ve found our niche, but I keep asking myself, What’s next?
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6 December 2024 | 21 replies
Usually that just slows them down to train you and watch over you.Find out what someone likes, call it a gift, show you'll do anything to learn.
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2 December 2024 | 0 replies
Scaling was slow, and we reinvested almost all of our profits into new deals to keep building.At this point, I feel like we’ve found our niche, but I keep asking myself, What’s next?