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11 January 2025 | 15 replies
Often it's a really easy fix or operator error that does not require a pro.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.
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8 January 2025 | 29 replies
And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.
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5 January 2025 | 6 replies
Even if it's cleaning rooms, get a feel for the operations.
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7 January 2025 | 24 replies
In the state of Florida, you should have two bank accounts, operating and escrow.
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6 January 2025 | 11 replies
This is the kind of thing the bank you keep all your operating funds in should be happy to help you with.
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4 January 2025 | 3 replies
If you decide to operate one outside of their desired areas, they will come after you with hefty fines.
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5 January 2025 | 2 replies
One thing I always remind people is it does not matter what is on a powerpoint presentation, the deal is dictated by whats in the PPM, operating agreement and subscription agreement.
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8 January 2025 | 38 replies
A property management company cannot operate using the logic that it hasn't been that cold yet.
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2 January 2025 | 2 replies
Are you doing the work yourself or what is your plan on tackling the operations?