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14 January 2019 | 33 replies
Less that you would spend on gas and insurance only.Don’t buy lunch for work - we have food in office or I bring something I bought for cheap in supermarket in advance.The major saver - living with roommates this alone saves me probably 1000 a month.
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21 March 2019 | 22 replies
Rent them to travelling or temporary workers.
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5 January 2019 | 3 replies
So any career choice that will allow you to hone those skills is where I would focus.Buy right:NegotiationUnderwritingMarket analysiscommercial broker officeFinance right:Mortgage brokerbanking loan officerRaising capitalCreative financingTitle office (they see how all the deals are structured)Manage right:Property managementImplementing systemssolving problemsYou can never go wrong with sales.
6 January 2019 | 4 replies
Also, the food part about being self employed is that you can purchase a multiunit anywhere, doesn’t have to be within a decent commute from office.
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5 January 2019 | 5 replies
Enforce late fees and always proceed immediately to eviction when clock ticks down.A tenants personal life issues are not your concern, working with tenants problems 9 time in 10 will only cost you more lost income, landlords are not social workers or family, you need to take all emotions out of your business.
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9 January 2019 | 23 replies
Once my tenants get that 3 day notice they know it's time to haul it to the post office for a money order and a rush 2 day shipping envelope.
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9 January 2019 | 10 replies
They say the tenants are amazing because they don't want to lose the privilege and if you have a problem, you can just talk to their officer (I don't think that's the right word but can't think of it right now) or threaten to and they snap back in line.
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19 September 2019 | 11 replies
A syndication is very unlikely to have no debt).On the other hand, syndications allow most investors to access and diversify into asset classes that they would not be able to own on their own because the entry point is too high (ie, offices, mobile home parks, self storage facilities, larger multifamily etc.).
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5 January 2019 | 2 replies
Later you can either sync up with commercial agents and/or contact the head office of the national tenants and present your property.Joel Owens is knowledgeable in this regard and can share more info