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28 January 2025 | 71 replies
We rerouted two waste lines that ran from the top floor to the basement se we could reclaim some space that had been unusable.
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6 January 2025 | 5 replies
I have done 3 showings with a few more lined up. 2 parties have expressed interest and I want to request your help in choosing between the options:Party1: Willing to pay $4,000 p.m.
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21 January 2025 | 10 replies
Lastly, keep an open line of communication with your manager so they feel comfortable bringing up concerns or bigger repairs.
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10 February 2025 | 18 replies
I was at the airport this past week flying to visit family and in TSA precheck line they scan your license in a machine and take a photo of you. for some reason mine was not working and it basically had like an alert on it. they ask me if I have another form of ID on me.
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10 January 2025 | 8 replies
But bottom line: January rent is due to you provided the tenants were informed of the sale on or prior to closing.
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13 January 2025 | 10 replies
The revenue and expense categories line up with your Schedule E which makes it a breeze to prepare for filing your taxes and I like the reporting features, too.
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13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
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7 January 2025 | 20 replies
I like that, unlike with say trading for a hedge fund, I can create opportunities for others rather than solely line the pockets of someone richer (that being said I still intend to make money).
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16 January 2025 | 40 replies
My line of thinking is, Airbnb allows "Legal Entities", IE a multi member business.
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26 January 2025 | 3 replies
MetroOther developments on the horizon that should continue to lead to the success of the area are Alexandria Virginia’s massive success so far, most notably the completion of the Hazel tunnel in May of 2024, in it’s AlexRenew program to make the Potomac River swimmable and fishable by 2040 (Source), the new Rivana development next to Reston Town Center, which will add a 9 million square foot development to the newly expanded Silver Line Metro, the first Phase including 2.7 million square feet expected to be delivered by 2027 (Source) , and a 8.1 million square foot development from JPG Smith in Potomac Yards Alexandria next to the new Innovation Tech Campus and brand new metro station in the coming years (Source).