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9 January 2025 | 8 replies
There are other ways to determine rental amounts like researching in zillow and/or rentometer, which I typically reference.
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2 January 2025 | 15 replies
Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.
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17 January 2025 | 16 replies
That's why we require clients to spend a couple days with us in Milwaukee up front, so we can get on the same page and determine an asset quality.Hint: the hood looks much better on a spreadsheet than up close in person.
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30 December 2024 | 8 replies
Determine if the area can support new construction.
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15 January 2025 | 39 replies
Sellers apply market cap rate to their in-place NOI to determine their ask price.
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9 January 2025 | 0 replies
You’re simply using some of the money you’ve already saved for your purchase to show the seller you’re committed and serious about buying their house.
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18 January 2025 | 12 replies
.- If you're going after a seller finance deal I think once you understand what it will take to get to a finished state its simply a matter of aligning your needs as far as short term cashflow with the current rents/situation, with the net number the seller needs after the refinance.
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7 February 2025 | 40 replies
I've tried to give them the benefit of the doubt, but they do not learn from their mistakes and simply bury their heads in the sand.
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15 January 2025 | 10 replies
Yes, when there are multiple adult occupants, you would typically combine their gross incomes to determine if they meet the income criteria.