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14 August 2024 | 84 replies
There are many benefits with section 8 in order for the tenant to be placed in one of my properties they go through a process with the committee then when living in the property they need to abide by lease rules and keep the property in shape, if major damage is made or neglect to the property by the tenant they may losE their voucher from section 8, so it’s a very good idea to go this route and food for thought you always know your property is up to date safety wise and livable with annually inspections.
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12 August 2024 | 30 replies
If your properties are not cash flowing, you need a general rule of thumb on how many you sell per ones you keep.It is easy to be in building mode all the time, but it is not sustainable if you are not actively making income and have cash reserves.
9 August 2024 | 9 replies
More units means more things could go wrong.So, while I agree with Greg, that if you are in growth mode and want to get to 100 or 200 or 1,000 units (although unit count is not the best measure of success) then more debt with longer amortization is going to help you get there faster.
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10 August 2024 | 13 replies
If so, what are some good appreciating markets with good economic growth and safety?
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14 August 2024 | 134 replies
We did one smart thing--we financed with long-term debt and we used low leverage (60% +/-) so we have a wide margin of safety and no threat of a loan maturity until 2031, so we have plenty of time to ride this out until the next market cycle.
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14 August 2024 | 64 replies
Jerryll discovered that selling "done for you" services is a very hard business to scale and shifted to a high-level coaching / expert guidance model (I may not be talking about it the way you would Jerryll, so correct me below pls).
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9 August 2024 | 6 replies
Most of the wholesale offers I’ve received state clearly they want it fully assignable (vs seller approval to assign) and mode of access or specific procedures for access.
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7 August 2024 | 4 replies
I am trying to sell a condo rental property and thought someone maybe had some good tips.Thanks, William Jobe Hey William,I am an agent and we also wholesale properties and therefore have experience with listings proeprties via FSBO.What I can tell you also from an agent point of view, is that zillow's default mode for example does not show FSBO listings UNLESS you change the mode to "Listed by Owner".So visiblity on these sites could be a little more difficult.I would suggest you list your property on Facebook.
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11 August 2024 | 99 replies
I am kind of a different mode listener, I download them all with a PC, and copy them to a USB drive, and listen to them in a car.
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8 August 2024 | 17 replies
The model would estimate the marginal $ value difference that each amenity adds.Running the model is pretty straightforward if you know how to scrape the data.