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30 December 2024 | 16 replies
@Huggy Ford, I would be interested in running an analysis of need to know what's in the highest demand for that location.
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23 January 2025 | 165 replies
People will move to escape taxes and insurance, and others (me included) only want single-family homes and shudder at the thought of condos and apartments (which, ironically, I have).So will demand be as high?
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8 January 2025 | 38 replies
Would you demand they pay for the fix?
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3 January 2025 | 5 replies
These are what we call "A-class" markets—areas with strong fundamentals, high demand, and typically excellent long-term appreciation.
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7 January 2025 | 13 replies
Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.
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9 January 2025 | 44 replies
what you're proposing, while possible, is incredibly difficult and highly risky, and i don't know how you would do it completely remotely with no plans to visit or set up a team.i think i've said this in other posts, but there is tremendous demand for inventory right now among both retail buyers and investors.
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8 January 2025 | 11 replies
I am seeing a decrease in nightly price and demand for these units.
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3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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20 January 2025 | 37 replies
cash flow has just been hit hard everywhere with the rise in interest rates. the properties in my portfolio that cash flow the most are at interest rates that it's not possible to get anymore - low 4s - and somehow there is still tremendous demand for properties that won't cash flow or break even, which is what you're finding.based on what you've said about your current situation... i don't have a good answer for you.
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3 January 2025 | 40 replies
I see it somewhat regular of people who got into a "deal" with HML, to do a Brrr and now it's half done reno and there desperately trying to sell it as-is to bail them out.