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8 January 2025 | 7 replies
In my humble opinion, if you want low, competitive rates, fast closings and great service, work with a broker.I'm also an investor and have been on the other side of the table.
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13 January 2025 | 2 replies
Your PSF will be much lower than it would be adding one small unit per lot.One thing to note is more than 4 units or more than one ADU changes the financing that is available.
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6 February 2025 | 28 replies
Sellers are notorious for not communicating any changes in their unit counts to avoid paying taxes.
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6 January 2025 | 25 replies
To replace your income you need to flip a lot of houses, I'd do the math with an average 10-15% profit margin, because you have to account for some turds.The other opportunity is to change your job and take out the element that you hate.
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8 January 2025 | 3 replies
We have never collected that and it is not a significant cost.Also be very careful changing criteria mid stream, I would only change it between vacancies.
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7 January 2025 | 7 replies
They also appreciate honesty and transparency so they can make decisions fast without any surprises.Some of the top skills that you can focus on are:Comping: Knowing your comps inside out is a must.Negotiation: Being able to connect with sellers and strike a good deal is huge.Networking: Relationships with buyers, agents, and other wholesalers are invaluable.Also, Get to know your local market being able to talk the talk in your area will help a lot.
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11 January 2025 | 2 replies
They are really changing the shape of the city and it may become incredibly expensive to buy out there soon due to lack of housing.
29 January 2025 | 20 replies
I think you should change PMs because you have multiple complaints.
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15 January 2025 | 7 replies
Would you accept a tenant telling you they were going to change how much rent they were going to pay, despite what their lease contract stated?
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17 January 2025 | 23 replies
@Deirdre Lizio see a lot of competiting PMCs start with a pledge of doing it better than "what's out there".Always interesting to revisit them 3-5 years later - after they've experienced the reality of challenging tenants AND owners.Look no further than Evernest: they started out with flat fee management at $99/month and promises of better & fairer service & pricing.Now they're at 10%, capped at $199/month - wonder what changed?