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9 April 2024 | 9 replies
We all know we can keep thinking about what we want to do but putting it into action is an entire other ball game.What are your top 3 actionable items for a complete beginner who feels lost in the sense of being in a small town and no really local groups where one can shadow or work with?
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9 April 2024 | 15 replies
- upping your max # of guests somehow- "no cleaning fee" & upping the nightly rate accordingly CAN be a big driver of bookings in some markets- having your listing/pics done professionally (by someone who specializes in STRs)- a great outdoor area- if you wanna spend $, i'm seeing lots of people adding pickle ball courts & more stuff to do outside like that - having a car there that they can rent on turo for cheaper than the rental cars from the airport
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8 April 2024 | 4 replies
Nobody has a crystal ball to predict the future but, generally, rates will likely go down, property will appreciate and rent's will increase.Getting experience as a landlord is valuable too...
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8 April 2024 | 37 replies
I don't like to tell people to plan on a refinance because I don't have a crystal ball, but you have 2 possible outcomes.
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7 April 2024 | 5 replies
They are incredible deals and would give me the momentum to get the ball rolling in my real estate investing.
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9 April 2024 | 64 replies
None of us have that crystal ball unfortunately, but interest rates alone aren't the only way to determine the future of the real estate market.
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5 April 2024 | 11 replies
@Sara Ball, I did that and I can show you the steps!
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5 April 2024 | 3 replies
Foreclosure lists I think can be determined at some sites like propstream (I've never used it so I could be wrong).3: networking with lawyers that do probate situation and/or divorce situations and want a quick close4: Owner occupant of a property on Hud Homestore - basically trying to help first time homebuyers buy - less competition5: tax auction and tax auction sites6: Offering on properties that have been sitting on the MLS for LONG periods of time and low balling them.7: Calling owners that have recently had their property pulled from the MLS.8: Wholesalers that are selling to you with an assignment fee.9: Low balling every property you look at on the MLS and seeing what sticks.10: FSBO with strong negotiation skills.11: MLS when you see the property really quick once it comes on MLS and put in a full price offer but it was mispriced low (I got a gem a few years ago that has probably close to doubled in values since 2020 when I bought it).12: MLS offers that you really want to ownI might be missing some others but these are the general classes of people that I have noticed.
5 April 2024 | 6 replies
We are getting cold draft, water intrusion through all the windows during extreme cold temperatures and rain.
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5 April 2024 | 4 replies
Sellers are still wanting "too much" as they typically think their deals should still be trading in the 4-5% cap rate range.While I won't pretend to have a crystal ball, I generally think: a) if you want to get a deal today, you are going to need to be more aggressive then you probably are comfortable with in your assumptions.