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6 January 2025 | 13 replies
I did not do a separate criminal background check as I trusted the info from Zillow (Big lesson learned never to trust the Zillow data again in life).
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3 January 2025 | 4 replies
I've been a real estate investor my entire life, doing my first deal as a senior in high school ($5,000 mobile home).
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7 January 2025 | 3 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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10 January 2025 | 12 replies
I tried changing useful life to 1 year but it doesn't change the line to show as an in year expense.
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1 January 2025 | 6 replies
In some of the big cities (speaking in Canada), you have people who want to live in Toronto or Vancouver, but they can't afford the rent with their lifestyle...and they don't want to move.
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4 January 2025 | 1 reply
.• Use some equity from the sale to make this transition smoother.I’m torn between maintaining our current home as an asset and buying a new smaller house to use as a rental after we move back in versus simplifying and focusing on a single upgraded property Considering factors like market trends, potential equity growth, and quality of life, which path do you think would be most beneficial?
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27 January 2025 | 29 replies
Life Changing is my go to now as their owners and 5 of their loan officers have even joined my group.
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3 January 2025 | 2 replies
I'm a rookie in whole selling , I only have the knowledge that social media has and I think I understand how it works but have no idea of where to start or how its pretty frustrating not being able to provide for my family the way I want to and I could really use some advice or maybe tutoring in this subject, I just turned 20 and I want to have a good life in this economy I could really use any advice thank you so much.
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28 December 2024 | 7 replies
My goal is to build a data-driven tool that provides actionable insights into which neighborhoods and property types are in the highest demand, based on metrics like:Time on market: How quickly rentals are being leased.Property characteristics: Bedrooms, bathrooms, size, and amenities.Pricing trends: Rental rates relative to market demand and property features.Visual quality: Leveraging property photos to analyze the style and condition of rentals that perform well.The tool will allow users to:Pinpoint areas with the fastest rental turnovers.Understand what types of properties (size, price range, features) rent the quickest.Gain deeper insights into property presentation and amenities that correlate with high demand.Thank you in advance for your feedback.
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4 January 2025 | 1 reply
If you’re looking at retrofitting to separate heating for each unit (like furnaces or mini-splits), you might be looking at a higher upfront cost, but it can shift utility expenses to tenants and improve your NOI.I’d factor in boiler age and efficiency when analyzing deals and if it’s near the end of its life, negotiate a price reduction or a credit.