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13 September 2024 | 3 replies
Hi there,I was wondering if anyone has experience with using Baselane for banking for their rental properties and thoughts on it.I will be closing on my first rental property in about a week and would like any helpful input on apps such as TenantCloud, rented, turbotenant, etc.Located in NE Ohio if that is a factor.
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13 September 2024 | 1 reply
This can reduce labor costs, but be mindful of the time commitment.Leverage Economies of Scale: If you're working on multiple flips or rehabs, bundling similar tasks or projects together can help reduce costs by hiring one contractor or vendor for multiple jobs.Prioritize High-Impact Repairs: Focus on renovations that add the most value, such as kitchen or bathroom upgrades, while avoiding over-improving areas that won't significantly increase the property's resale value.By combining these strategies, you can manage rising costs while maximizing your potential returns on fix-and-flip projects.Kind regards,
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13 September 2024 | 3 replies
., converting SRO units to apartments) help with future refinancing?
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13 September 2024 | 12 replies
This will help you estimate revenue more accurately.
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13 September 2024 | 2 replies
The only problem I now see is that I got sidetracked from my plan and now I'd like to pivot and adjust my routine to my interests and become the investor friendly agent, helping new and existing investors get their first or next investment.
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14 September 2024 | 20 replies
This is incredibly helpful.
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13 September 2024 | 4 replies
I just joined my local REIA (South Bay Chapter (LAC-REIA)) to also help me find additional information.A quick snapshot of my current status and goals.
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12 September 2024 | 29 replies
Make sure you put together a good local team to help.
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13 September 2024 | 0 replies
As part of an assignment it will just be four quick questions anyone who can help it would be greatly appreciated!
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13 September 2024 | 16 replies
Columbus might offer better cash flow, while SoCal could appreciate faster.Consider your property management strategy—if you're not local to the property, having a reliable manager in place is crucial, especially with S8 tenants.Crunch the numbers: Make sure the deal works in your favor with or without S8 tenants, factoring in all expenses, vacancy rates, and maintenance costs.Hope this helps!