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22 January 2025 | 25 replies
For instance, said property manager manages maintenance issues, problems that arise during bookings, basically anything that needs a physical person at the property, while I manage the rest?
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16 February 2025 | 20 replies
Either the owner can pay or the buyer.
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26 January 2025 | 2 replies
If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.
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4 February 2025 | 18 replies
My basic underwriting making some standard assumptions on HOA expenses, 20% down, 7% interest rate, 30 year mortgage, utilities, supplies, and maintenance costs shows a loss of about $22k per year if you are self managing.
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29 January 2025 | 4 replies
They will surely be happy to add you to their buyers list!
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8 February 2025 | 9 replies
@Juliann Morala Yep, a buyers agent that works exclusively with investors will have all the info you need and lots of options on contractors, lenders, attorneys, inspectors, property managers.
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3 February 2025 | 5 replies
This also only works for cash buyers willing to buy and hold.
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28 January 2025 | 2 replies
Basically, more than a certain amount of STR and MTR in the same building were considered a hotel and I would have had to have 24/7 staff on site.Were you able to get around that with the local municipality?
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26 January 2025 | 2 replies
If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.
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27 January 2025 | 10 replies
I 100% endorse adding in the escrows for taxes and insurance to set the buyer/borrower up for success.