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27 February 2024 | 2 replies
For commercial the gold standard designation is CCIM, so once you get licensed start working on that.
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28 February 2024 | 5 replies
One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.
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28 February 2024 | 11 replies
You can truly increase your profits if you are paired with the right agent.
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27 February 2024 | 2 replies
Increasing unit number or using less conservative, or increasing rent numbers or lowering vacancy rate could be close to a 6% cap rate.The area is known as a tourist destination, is geographically constrained, has a massive housing crisis and isn’t expected to ever build enough housing to meet demand.
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27 February 2024 | 4 replies
I have the option to increase the rent on Unit 1, Unit 2, and Unit 4.
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28 February 2024 | 4 replies
A $1million home will have $276,000 in value increase after 5 years (using that same 5% appreciation per year).
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28 February 2024 | 11 replies
Any increase in revenue will not be attributed to the photos by hosts.
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26 February 2024 | 5 replies
Their insights highlight the necessity for a careful approach to vapor barriers and insulation, emphasizing compatibility with the building's original design and moisture management needs.Here's the plan:Ceilings/Attic Floors: Elevate insulation to R-38 or above, incorporating vapor retarder paint or smart vapor retarders for optimal moisture management.Walls: Boost insulation to R-13 or more, utilizing smart vapor retarders or materials with adjustable permeability.Basements, Crawl Spaces: Increase insulation to R-19, targeting ground moisture and internal humidity control.Materials: Opt for eco-friendly, breathable insulation and vapor barrier materials that preserve the building's historic charm.This meticulous approach elevates the property's energy efficiency and moisture management, enhancing its value and ensuring a profitable return without compromising its architectural integrity.I'd like to hear your thoughts, experiences, or any advice you might have on integrating vapor barriers and insulation in renovating historic properties.
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26 February 2024 | 14 replies
My thoughts are 1) I will have a fixed rate and not worry about it changing every 5 years thus helping me control my expenses a little better (of course aiming to secure a good rate whenever the rates hopefully come down), and 2) it will be amortized over 30 years and if I get a good rate, then my cash flow should increase by a decent amount.
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28 February 2024 | 15 replies
I would probably continue to save so you can increase your budget