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16 October 2024 | 11 replies
They value how it is to live in a home over the infrastructure and mechanical components.
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15 October 2024 | 7 replies
Some people have other income sources such as Social Security, pensions, etc.
14 October 2024 | 0 replies
Fellow landlords, have you ever rented to tenants using the social program from SafeHarbor.org?
15 October 2024 | 69 replies
Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.
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17 October 2024 | 20 replies
Heck, we see it on the forums (and in social media) all the time and it does not even involve big words.
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17 October 2024 | 20 replies
Challenge is, finding a PMC that meets your expectations and is organized well enough to consistently deliver.Read on for our copy & paste advice about screening PMCs:-----------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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15 October 2024 | 1 reply
Despite high entry prices, the appreciation and social status these properties offer are unmatched.San Francisco Bay Area: The tech boom has driven luxury property prices in the San Francisco Bay Area.
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16 October 2024 | 14 replies
Others meet at events, RE meetups, or even through social media—whatever feels most natural.3️⃣ Vetting: Vetting is crucial.
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14 October 2024 | 5 replies
I like to look at each component of the process on an itemized level first so that when I do work with a developer I can have my own reference for all the bundled costs associated with the build proposal.
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17 October 2024 | 22 replies
Tbh, in today's market, folks want to have a personal connection or at least know the person behind the company so having a great social media presence will work as well.