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12 July 2022 | 0 replies
We have experienced some of our buyers getting priced out of the greater Boston market due to the higher interest rates, however “starter home” and small multi-family markets are still going very strong due to the pent-up buyer demand, lack of inventory, and increasing rents.We are keeping an eye on the multi-family inventory in MA very closely and also monitoring the average sale price vs list price so we can provide better guidance to our clients.
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17 January 2019 | 6 replies
It will be important to monitor that score from month to month to ensure your number is above your predetermined threshold.
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13 December 2022 | 29 replies
Agreed that it's tricky to monitor maintenance activity of units but I still need the tenant to be accountable.
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20 November 2022 | 8 replies
(I specifically say B class or higher in a mid-sized or larger city, because lower class properties, and properties in more rural areas would be exponentially more difficult to manage remotely...I may not be the brightest bulb in the chandelier, but I'm smart enough to avoid that trap...).I've self-managed my local LTRs for years, and the task that requires my physical presence more than any is showing property to prospective tenants (I can't easily hire this out to anyone other than a PM, so I'm stuck doing it myself)... but, I have heard of owners using smart locks, security cameras, and Zoom to remotely supervise/monitor prospective tenants who walk the property without anyone else physically present...Does anyone have experience/opinions about managing viewings remotely?
3 July 2017 | 12 replies
These are just my observations from being in the service and monitoring things for years, example being my primary where the prior owner had moved on to another base and sold it to me for a profit but 40k under the appraisal I got from the home... most times military people cannot float two mortgages or even a rent/base housing at the follow on assignment, they have to get out of the mortgage.
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30 January 2017 | 20 replies
I prefer to invest close to my home so I monitor the surrounding cities.
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6 July 2018 | 1 reply
The three people you mentioned are all not necessary until you find a deal, and even then the role the will play is minor (depending on the size of your first deal.)They just need to be licensed in whatever state your business is located.As far as expenses for each Insurance Agent - $0 (paid from your premiums) check out nreig.com CPA - I assume you mean a tax attorney, which is different from say a bookkeeper who would monitor the transactions on your account and log them accordingly.
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15 August 2019 | 22 replies
I take their drivers license and info, and also have cameras on site to be able to monitor activity and let them know as much also.
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10 November 2023 | 10 replies
They may require you to have professional monitoring, I think the ring plan for that is around $20/month.
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29 June 2016 | 1 reply
You buy the room(s), put it in a management company and monitors the performance of the organisation.