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15 August 2024 | 6 replies
To buy a BIG property today, you will need to take on extreme leverage, make a big bet, convince mulitple other people to hand you hundreds of thousands or millions of dollars, and then you have to be right, inside of a 3-5 year timebox, about your projections, supply, demand, expenses, and cap rates.
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13 August 2024 | 7 replies
The market has really saturated due to high supply.
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18 August 2024 | 52 replies
I will not go into the mathematics, but anyone that is a MBA graduate should know from his course work that the market place equalizes demand and supply against pricing.
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15 August 2024 | 13 replies
To simply put, property accounting is anything to do with the actual property operating day to day accounting such as rent income and rent expensesCorporate accounting is anything to do with the LLC as an overall so if you pay for gas for your car for business, it will be corporate, if you pay for a meal, this is corporate, paying for business licenses, office supplies, etc.Actually I learned this from him
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13 August 2024 | 24 replies
Hence they already tell to reduce the rate possibly in September.In all fairness to the unpredictability argument, the Fed had data showing massive spikes of inflation in 2021 while also knowing that the US government had injected trillions of dollars of stimulus into the economy during the pandemic but decided to pass it off as "transitory" due to "supply chain shocks" (not wrong, but wildly overblown).
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13 August 2024 | 15 replies
Having seen earlier proposals for Boston ordinances it seems a pretty reasonable compromise proposal to allow residents to offset Boston’s sky high prices by renting out all or part of their homes, while preventing non-local investors from further removing already limited housing supply (the ultimate fear of all housing departments).
12 August 2024 | 22 replies
I feel like there are no formal "development" education or training resources available and existing developers are reluctant to meet for coffee or provide guidance (which is so surprising to me given the lack of supply.
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8 August 2024 | 11 replies
So, I'd like to correctly categorize things for 2024.Anyway...supplies vs assets.
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13 August 2024 | 11 replies
We cut our own with a builder’s supply purchase 8 years ago, still looks like new and it only cost like $150 plus the saw blade (small galley style kitchen).
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14 August 2024 | 12 replies
If you want the tenant responsible for the appliances then have them supply them BUT this only works if your market supports it.