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21 February 2025 | 59 replies
One of my roles is I am the President-Elect of an organization that actually tracks this data.
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19 February 2025 | 17 replies
Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this.
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22 February 2025 | 5 replies
I'm actually hearing that it will be allowed for residential multi family as well, although haven't confirmed that.
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20 February 2025 | 8 replies
Since the cost seg study would just create an even bigger loss, it might not actually help you this year if you don’t have taxable income to offset.But here’s the part a lot of investors forget to consider—if you’re planning to buy another property this year, this loss could affect your ability to get financing.
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15 February 2025 | 4 replies
And if the 25% tariff hits canadian lumber, then everything is going to shut down.I'd like to know when this country is going to actually do something to help new construction.
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12 January 2025 | 3 replies
Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost.
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20 February 2025 | 21 replies
As a property manager, based on my conversations with our clients, below is a condensed version of what we hear most (in relation to PM in Chicago): "- Passing on the load so that you can be more present and attentive to your family (edit: and other responsibilities) and not be essentially working 24/7, on-call for the needs of tenants and property emergencies... can be worth the management fees.
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21 February 2025 | 5 replies
I have several multi families on the west coast ( one that I actually manage my self in California) and it’s just one maintenance reserve fee for all doors , and a % of the total rent usually ( 8%-10%).
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20 February 2025 | 3 replies
Great question Tyler and I actually have a flip property under contract that we are selling with a similar concern.
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21 February 2025 | 4 replies
It helps absorb the cost of your payment and gives you a better understanding of how REI actually works.