27 February 2024 | 6 replies
You can tell your AI tool to make the copy more emotionally compelling and you should perform much better as a listing. 4.
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27 February 2024 | 2 replies
Additionally, negotiating with buyers directly demands a level of expertise and emotional detachment that might be difficult for homeowners with strong connections to their property.
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28 February 2024 | 43 replies
When you run numbers through a model you realize that even with potentially higher rates, you'll refi a lower principal against higher rents and higher property value, so it is mostly an emotional conern rather than a financial issue.
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26 February 2024 | 29 replies
Add $800 for paint, floor covering and essentials plus my laborer for 2 days and my total cost was about $1400.I painted the 30 1200 to 2700 sq ft homes in Las Vegas with two helpers including ceilings and it never took more than two days to paint a house and that included removing all the electric wall plates, dropping ceiling light fixtures, removing smoke detectors, cleaning windows, installing new blinds, cleaning bathroom fixtures and it never took the 3 of us more than 2 days because I am good at knowing how to get the most from my workers like a Lakers coach knows which players to put on the court because the cost to do a paint job is not as critical as the time it takes because when I go to Las Vegas to manage a job I have to leave Los Angeles and my 20+ employees without my micro-management and "When The Cat Is Away The Mouse Will Play" if you know what I mean.I am a very difficult person to work for because I am 71-years old, a workaholic, a fast worker and when young workers are slow I fire them within minutes when they are working because I don't like to have to waste my time and stop the work I am doing to constantly check on my workers and I don't like to get emotional and have to keep correcting workers when they work sloppy and slow.
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26 February 2024 | 40 replies
It is easier if you can back away from the emotion in these situations.
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25 February 2024 | 1 reply
Because I was willing to walk away from the deal and had no emotional attachment to the house, I went back and forth on the price settling at 10% below their lowered price which was a total of 15% below the original asking price of $1,099,000.
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25 February 2024 | 7 replies
amazing how emotion can railroad logic.
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25 February 2024 | 22 replies
Same with real estate - those that panic sold Spring 2020 would also now regret that decision.Having illiquid investments prevents investors from making emotional (short term knee jerk) decisions.The one property v multiple property issue cuts both ways.
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26 February 2024 | 20 replies
Also, in your response to @Rahma Zaghari, do you mean that a landlord needs to mentally detach from the house/property and treat it as a job rather than be emotionally attached to it?
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24 February 2024 | 2 replies
Don't get emotional!