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27 January 2025 | 7 replies
I'd bet that this note is worth more to you than to most buyers until the note is much lower LTV, but I'm a novice in this space.
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28 January 2025 | 19 replies
Which is not easy for possible for many people (like your husband).Once you really know what to do, the risk level drastically reduces.
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16 January 2025 | 5 replies
Hi Basit,It's probably been a combination of outbid, or out contingencied, and a bit of financing at the levels we want.
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15 January 2025 | 15 replies
Obviously you want to lower expenses while maximizing revenue.
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23 January 2025 | 6 replies
That is lower than market and puts you in a cashflow-neutral situation, but it is unlikely your residents can afford that.
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3 February 2025 | 11 replies
The longer term loans would have lowered your monthly payments and decreased the costs.As for rent, each year you need to look at rents in the area to decide how much you will be increasing the rent by.
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28 January 2025 | 14 replies
Most hosts just lower their prices when things get rough but guests just want am interesting experience.
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19 January 2025 | 8 replies
I would negotiate a price point that is lower - maybe the 10-12% range above "market".
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23 January 2025 | 24 replies
Here are some indicators to help you assess a buyer's seriousness:Questions: Serious buyers will ask detailed questions about the property, such as maintenance costs, neighborhood amenities, and property taxesStrong Offer: If a buyer makes a strong offer quickly, it often indicates a high level of interest and intent to purchasePrivate Buyers: If approached by a private buyer, ensure they provide a Letter of Intent (LOI) and proof of funds.
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24 January 2025 | 3 replies
I has two GREAT property managers that immediately come to mind, one handling 5 high end high rise condos I owned in Phoenix and the other one handling a 12 unit very lower end apartment building I owned in Arlington, Texas.