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29 November 2024 | 27 replies
I know very little about legal precedent but I'd expect the major meter manufactures (selling into the utility space) to be well incentived to challenge these items best they can, and they have money.Here are the issues, and the reasons that the difference between an air forced system and a boiler/hydronic system are not meaningful for this discussion (ie efficacy issues of sub metering exist for either when method of measurement is measuring heat at point of delivery):In either case, the blower (or pump for a boiler) is the method of 'moving' either air (central air) or water/glycol or equivalent (boiler etc).
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22 November 2024 | 20 replies
If you are just starting, I would think on a leveraged purchase, $200 a month in todays market, that is assuming the home is fully renovated and capex items are fairly new.
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19 November 2024 | 111 replies
The RE field can be a little dangerous but there are so many ways to avoid situations that may become violent.
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23 November 2024 | 6 replies
Other items such as having accounts in a foreign country.If you are single/married, with a few W-2's, interest/dividend accounts with one rental property.
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4 December 2024 | 32 replies
There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck
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22 November 2024 | 1 reply
Always account for the costs of upcoming capital expenditure items in your purchase price.
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18 November 2024 | 8 replies
There are multi-million dollar houses that you can walk just a couple short blocks and watch the neighborhood get pretty rough and potentially dangerous.
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27 November 2024 | 15 replies
Looking back at 2022, one of our largest line items was marketing expense for our new location.
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5 December 2024 | 554 replies
If your only way of making money from an item is hoping that in the future someone else will pay more than you did, then that is gambling.
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21 November 2024 | 1 reply
Always account for the costs of upcoming capital expenditure items in your purchase price.