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21 September 2024 | 69 replies
For example, A-class areas might become oversaturated with rentals or experience events that reclassify them as B or even C-class, while areas previously considered as C can rise to B or A status through new investments and revitalizations.Thus, the choice between prioritizing equity or cash flow isn't always clear-cut.For novice investors, I typically recommend starting with A/B areas due to their relative stability and lower risk, which makes them safer but often with less upside potential.
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15 September 2024 | 15 replies
Attractiveness to Renters: Renters often prioritize convenience, and having that extra half bath can make the property more appealing, especially for families or roommates.
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13 September 2024 | 1 reply
In my experience, inspections are typically about safety, not whether something is up to code (that's what the town building inspectors are for).
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15 September 2024 | 7 replies
DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.
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17 September 2024 | 38 replies
Tenants would learn to prioritize paying rent, abiding by the lease, and taking good care of the unit.
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20 September 2024 | 114 replies
However, if it becomes clear that the relationship is just an one-sided with no long-term potential, I’ll just simply switch to prioritize other investors who are more ready and need my attention.
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13 September 2024 | 6 replies
Ensuring the safety and security of my guests and property is of utmost importance to me.
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13 September 2024 | 4 replies
The inspection requirements can vary, but properties usually need to meet their safety and livability standards.
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16 September 2024 | 43 replies
We like the safety and security and less work of the smaller portfolio with low risk.
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14 September 2024 | 26 replies
Earning Superhost status on Airbnb or Premier Host status on VRBO boosts your rental's visibility, as these platforms prioritize promoting top-rated properties in their algorithms.Equally important is understanding your ideal guest avatar.