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20 July 2022 | 8 replies
Having every process laid out really allows you to open up more room for creativity/innovation from the people who work with you so then they can help you figure what is more efficient, what works best, and how to overall improve.
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12 January 2022 | 0 replies
Innovative and unique to most property management firms, we advocate for owners/investors and are changing the face of property management.
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17 February 2022 | 5 replies
I grossed about 50k and netted about 20k in exactly one year.Sold the JT home in Nov 2021 for 504k. 1031'ed just about 300k into a long-term rental home in the Bay Area.
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22 July 2022 | 1 reply
Nice 2 bedrooms sell for $115k+ and this was the sqft of a 3 bedroom.Also, in Nov of 2021, I knew home values were going to be higher in Spring of 2022 to give my ARV appraisal even better comps.Basically, could tell it was undervalued and for some reason no one wanted it...Observations- Noticed the listing write up was short/poorly written/uninformative- Listing photos were bad (pretty sure that's a google street view front pic, or maybe just a cell phone without even getting out of the car lol)- Listing agent was hard to get ahold of (predictable)- Was near impossible to get an approved showing (how it is 80% of the time on these types)- Tenant was Section 8 (there just went 75% of market interest)- Tenant was paying way under market rent $940 (another thing many aren't willing to take on.
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7 January 2015 | 41 replies
Nobel Prize-winning physicist William Shockley practically invented Silicon Valley, turning California into the technological hotbed of innovation it is today.
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18 August 2016 | 9 replies
Fortunately the mayor and city of Boston is very pro-Airbnb and innovation in general.
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28 January 2016 | 6 replies
Hello BP, I am an investor here in Jacksonville Florida looking for some innovative strategies/advice to find good deals on rehabs here in Jacksonville.
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29 April 2016 | 15 replies
Unless there's some innovative language in it, the bottom line is its giving someone the right to occupy the property for an agreed upon rate and length.
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6 February 2014 | 2 replies
Just trying to consider innovative strategies and learn something in the process...and I did!
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23 August 2013 | 1 reply
Here is an example of what we were able to do with a local lender in PHX: -- Bought six condo's at a total all-in cost of ~$500k in Nov. 2012 -- Refinanced with a blanket portfolio loan in Dec. 2012 using 70% of the appraised value ($600k) --5% fixed rate for 10 years, 15 year amortization, closing costs rolled into the loan Though we were happy with the ability to lump all the properties into 1 mortgage and the rate; the 15 amoritization really hurts the cashflow...but I feel this is common with local banks that hold the paper.