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30 May 2024 | 8 replies
You scale your call/mail volume with the volume of houses you want to purchase.
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30 May 2024 | 7 replies
The processing time for a Davidson County, TN Owner-Occupied STR permit application can vary depending on several factors, including the completeness and accuracy of the application, the volume of applications received, and the workload of the permit office.According to the Metro Nashville Planning Department, the average processing time for Owner-Occupied STR permit applications is currently 4-6 weeks.
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30 May 2024 | 6 replies
Since the start of the year, I've read a handful of BP books:- Rental Property Investing (Brandon Turner)- How to Invest in Real Estate (Brandon Turner/Josh Dorkin)- Investing in Real Estate with No (and Low) Money Down (Brandon Turner)- BRRRR (David Greene)- Multifamily Millionaire Volume 1 (Brandon Turner/Brian Murray)- Start with Strategy (Dave Meyer), currently readingI was thinking of using the equity to BRRRR small multifamily properties and combine some concepts from both the BRRRR and Multifamily Millionaire books (specifically making cash offers via HELOC to secure distressed properties, ideally vacant to set market rents).
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31 May 2024 | 44 replies
If administrative costs are increasing due to the volume of total properties under management, then the monthly fee should increase across the portfolio to ensure there is no conflict of interest between the owners and property managers.As you can see in my 2015 financials below, I paid $9,876 on repairs.
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29 May 2024 | 5 replies
. #2 because most property managers are too overwhelmed with the volume of units they manage to give you personalized, meaningful service.
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29 May 2024 | 6 replies
We are a low volume housing provider.
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29 May 2024 | 20 replies
One day turnovers, volume discount on maintenance, faster maintenance response.
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28 May 2024 | 5 replies
That said, I'd recommend focusing on locations with high sales volume as you will have more options to choose from in these locations.So far this year, 240 multifamily properties (2-4 units) have sold in the Bronx - Source OneKeyMLSThe neighborhoods with the most sold properties are:- Wakefield and surrounding North Bronx neighborhoods (31 sold in '24)- Throggs Neck and surrounding Southeast Bronx neighborhoods (31 sold in '24)- Pelham Gardens (30 sold in '24)- Pelham Bay (28 sold in '24)These areas account for 50% of the recent Bronx multifamily sales... focus here to have more options!
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2 June 2024 | 112 replies
you can do it for less. 10k max. there are volume syndication shops you can use. 20k is high for a simple structure. depends on the structure.
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5 June 2024 | 116 replies
people can afford LESS, operations cost MORE, profits decline be it from volume loss or what not.