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18 October 2024 | 11 replies
So with all that, I'm thinking to open booking now for next summer with a 7 day minimum, see how it books out, and by late winter/spring I can reduce it to a 3 day min to fill any remaining weekends, and then work on filling mid-week vacancies as summer approaches.We were leaning towards Fri-Fri, but Michael I like your suggestion about the Mon-Mon option, which could be nice because renters would have the weekend to travel and then begin their stay on a Monday, then they would end their stay on an upnote with a long weekend...But with either Fri-Fri or Mon-Mon renters would probably need to take 6 days off work...Sunday-Sunday might actually be better because renters would only need 5 days off.
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17 October 2024 | 5 replies
I am leaning towards hiring an attorney for the peace of mind but I also want to make sure I’m not taken advantage of.
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15 October 2024 | 2 replies
A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.
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14 October 2024 | 6 replies
Likely, the entrance barrier is not that high but the leaning curve is pretty steep.
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17 October 2024 | 9 replies
I have been leaning towards LTR with my education, but STR seems to make sense in the scenario.
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18 October 2024 | 29 replies
I'm Italian, and originally from North Jersey/NYC area so we just send out some guys that specialize in knee cap alterations 🤣.Ok, more seriously, I personally believe in responding to reviews both positive and negative because it builds a critical body of work such that when you do respond to negative reviews it doesn't look out of place.
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15 October 2024 | 6 replies
Thanks @Chris Seveney that's where I am leaning as well, keep it clean because I don't think its possible to revalue 50% assets that I buy and keep mine at same basis.
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15 October 2024 | 34 replies
My average price point sale is about $1.3m on my own so it was a smarter move to make less overall money, but to have a lean system to operate and not manage and try to help agents anymore in that way.Hopping into every forum I post on to have a go at me is very embarrassing for you.
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13 October 2024 | 10 replies
Investors buy in an HOA because properties are cheap, but then they quickly realize Nazis and busy-bodies run the HOA.You can try to build a coalition of owners and fight back against the charge, but it's unlikely to change.
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16 October 2024 | 16 replies
Side note, she was able to get into this property for just under $13k and we we're able to negotiate the seller putting in a new AC unit as well as paying a $7000 invoice to a contractor to replace the roof.Moreover, if your credit is solid, I'd opt toward a 5% down conventional loan if you're leaning toward the 3.5% down FHA route.