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9 January 2025 | 107 replies
I placed them within dated folders so people don't have to search for what date the appraisals where done.
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6 January 2025 | 13 replies
You can google or search on BP for definitions of cash on cash, cap rate, etc.
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6 January 2025 | 7 replies
Now that you have the correct terminology, you can search for lots of potential solutions.
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8 January 2025 | 11 replies
When I search on AirBnB I search through all the photos and when there is less it makes it less tempting to book(unless the price is attractive).
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10 January 2025 | 12 replies
I searched the Stessa forums and couldn't find an appropriate answer so thought I'd try here.
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2 February 2025 | 20 replies
@Drew SygitI brought up that question in a post several months addressing the agents of a certain Midwest market (hint: it begins with an "O" and I don't want to stir up their keyword search lol).
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4 January 2025 | 4 replies
There are also some great YT vids on the topic, search "BiggerPockets house flipping" or something similar.
3 January 2025 | 8 replies
But it's a risk.If the PM is that bad, I suggest you do some research and find another manager.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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16 January 2025 | 13 replies
Urban Development land swaps are often used as a strategy to: - Consolidate public land holdings - Acquire important natural or recreational areas - Facilitate development while ensuring community benefitsLand swaps can provide several benefits to communities: - Preservation of open spaces and environmentally sensitive areas - Creation of new public parks or recreational facilities - Protection of wildlife habitats and corridors - Improved land management efficiencyI searched for some Urban examples for reference: 1.
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9 January 2025 | 10 replies
@Mattin Hosh first, most cities in Metro Detroit have some type of rental property inspection every 2-3 years.It's not really a big deal 99% of the time - especially for owners who are NOT slumlords:)Also, a quick Google search will show that several states/cities are passing/considering similar legislation.One of the biggest mistakes we see newer investors making is NOT properly understanding Neighborhood/Property/Tenant Classes and naively assuming that any rental they buy will deliver Class A results.Read our copy & paste thoughts below and DM us if you'd like to dicuss more about the Detroit market:)-------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?