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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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14 January 2025 | 28 replies
We have a VA so she does all the tagging and I ask her to export it from Baselane, into excel, then I review it and give comments.Going Digital: Scanning and storing my receipts in real time saves me from searching for that one $17 plumbing supply receipt.
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30 December 2024 | 8 replies
In a slow market homes sit and rot, they are on the MLS forever and the longer it sits, the lower the price goes to find the sweet spot for just the perfect buyer.
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19 January 2025 | 18 replies
A quick web search shows it can cost upwards of $25,000.I'd say that if the flea-bag isn't a service dog now, it probably never will be.
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11 January 2025 | 15 replies
They will get in touch with the property manager, let them know a complaint is filed, and typically give them an opportunity to make things right before opening an investigation.Have your friend look for a new PM immediately.Start by going to www.narpm.org to search their directory of managers.
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7 January 2025 | 5 replies
You may have to search a bit for the right contractor or engineer - sometimes I see one solution dominating in an area - "that is how we always do it"
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20 January 2025 | 7 replies
I wish you luck in your search @Sidney Duquette!
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1 February 2025 | 23 replies
Definitely do a search here for some recent stories on capital calls and risks with syndications...even on some that have been operating many years...
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10 January 2025 | 6 replies
I have searched and filled out endless online forms only to have lenders offer me unsecured loans or other products, but not a heloc.
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16 January 2025 | 9 replies
You can usually find some events by doing a simple google search.