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29 January 2025 | 6 replies
I can see AI as being potentially super helpful with many RE tasks.
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31 January 2025 | 0 replies
In fact, some of the best opportunities in real estate come from properties that others overlook—distressed homes with potential that just need the right investor to bring them back to life.If you’ve been in the game long enough, you know that distressed properties can offer huge upside, but they also come with their own set of challenges.
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26 January 2025 | 5 replies
In Collin County, consider properties with strong appreciation potential in areas like Plano or Frisco.
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23 February 2025 | 9 replies
This can potentially lead to problems and the safety of the others in the home.I am planning on speaking with him about the lease violations and switching him from yearly to monthly with an increase in rent, due to the increased labor of the cat and the checks in of the cleanliness of the room.
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13 February 2025 | 13 replies
However, some challenges to consider are the additional paperwork, property inspections, and potential tenant turnover.
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19 February 2025 | 14 replies
But I still would not let potential renters in without someone there.
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28 January 2025 | 2 replies
It’s all about running the numbers and seeing what gives you the most flexibility and growth potential.
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28 January 2025 | 14 replies
@Yael DoronIf you're working with a $150,000 budget and aiming for high ROI through rental income, consider nearby areas around Phoenix that still offer affordability and growth potential.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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7 February 2025 | 6 replies
House hacking is an excellent strategy, especially with the potential to use an FHA loan to secure a property with a low down payment.