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24 December 2024 | 6 replies
And answering your phone calls while watching the games does not turn your living room into a home office.
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22 December 2024 | 21 replies
I'm always game to chat real estate.
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7 January 2025 | 16 replies
I may have to start smaller and that's ok too, at least I'll be in the game.
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31 December 2024 | 76 replies
To win the STR game, especially if you're a new entrant, the most important aspects are 1) Amenities2) Location3) Property type4) UniquenessAll are geared toward you standing out on Airbnb/VRBOHot tubs, fire pit, bowling alley, pools etc. or being in the best location in an area as well as being to host a large group are all things to help you win.
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19 December 2024 | 1 reply
That’s a game-changer when it comes to flipping profits.Your scenario reminds me of a client I worked with in San Diego who flipped a condo after living there for a couple of years.
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25 December 2024 | 11 replies
From what I’ve learned, focusing on properties with under-market rents can be a game-changer.
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20 December 2024 | 27 replies
You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this.
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22 December 2024 | 7 replies
Unfortunately most lack the balance sheet to obtain favorable financing, can't afford to put any skin in the game and fail to make a compelling reason for why the investment makes sense or to justify the structure they are seeking.
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24 December 2024 | 17 replies
It’s a long game so worrying about the short term is kind of pointless.