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24 January 2025 | 5 replies
My question is, would selling this asset now to clean up all my personal debt (~$50k) with the leftover used to reinvest be my best move currently in your opinion?
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4 February 2025 | 4 replies
I know the issues with the building, the quality of the condo, and the state of the association.
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5 February 2025 | 29 replies
.- The management company charges a management fee of 10% - 15% which can be a little higher than average property management companies, but that cost may be offset by higher quality of services.- The management company also charges for other services such as fee for coordinating maintenance and repairs, and turnover and releasing.
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25 February 2025 | 18 replies
Everything time a property owner has turnover they have costs for releasing, vacancy, painting, cleaning, make ready, etc.
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23 January 2025 | 2 replies
After waiting out a lengthy eviction and doing nothing more than a clean-out, we listed it with a realtor—and walked away with just shy of $200K in profits!
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25 January 2025 | 15 replies
They have lost many employees and the level of service and quality has been dismal.
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8 February 2025 | 29 replies
The City has done a lot of work to clean itself up in recent years so you will find not only a lot of rehabbed houses, but businesses and store front rehabs, too.
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20 February 2025 | 23 replies
Hire a reliable co-host or property manager (15-25% of revenue), automate pricing and guest communication with tools like PriceLabs and Hospitable, and build a strong cleaning/maintenance team to handle turnovers and inspections.
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30 January 2025 | 6 replies
As Josh mentioned, it's important to find your right fit, I wouldn't focus solely on price especially if you're looking to be very hands off and you're looking for quality.
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21 February 2025 | 22 replies
A hard money lender typically will go from one loan, to three, then three plus depending on quality of the flips and your liquidity.