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2 May 2024 | 6 replies
It’s true, there's a certain reassurance in traditional, in-person closings where you can see all parties and the attorney right there.Still, virtual closings are generally secure and are backed by robust technology for identity verification, which should ease some worries.
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1 May 2024 | 3 replies
So here are my difficulties.
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30 April 2024 | 5 replies
I firmly believe that things are definitely changing in terms of a technological and media landscape - if you are able to be consistent and quality in terms of short form video social media digital marketing - I think this is the best path forward to really carve out some success
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29 April 2024 | 5 replies
5️⃣ The Tech Transformation: From PropTech to TikTok marketing, technological advancements are changing how we interact with real estate.
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1 May 2024 | 8 replies
As far as how to find a property that has a basement apartment or a property that you can convert a basement into an apartment… this may be somewhat difficult. I
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30 April 2024 | 28 replies
Learning what you are good at is an important step towards success, not learning this is why some have difficulty.
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30 April 2024 | 27 replies
These help me weather a storm with low STR occupancy numbers like many are facing across the country.Higher insurance rates, STR permit fees, labor costs for repairs and cleaning, regime fees (for condos) make running a profitable STR even more difficult. I
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1 May 2024 | 38 replies
The simple economies of scale for joing their commercial division is unreal. the technology pages runs $266.50 because of the collaborative purchasing power of eXp Holdings, as an independent the same platforms could run easily $4-5,000 a month. 4.
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29 April 2024 | 8 replies
Although maintaining triplexes or quadplexes could take a little more work than maintaining duplexes, the benefits of having greater rental revenue may exceed the difficulties.3.
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30 April 2024 | 27 replies
Oh one more tip, ask specific questions, like who is going to not say “yeah im great with communication” , be wary of this trap too because you want the PMs to focus on doing their jobs rather than answering 20 emails from each investor each week, time is our most valuable resource please don’t take up too much of it, when you say “yes” to something you are also saying “no” to something else (opportunity costs)Questions to ask:- what is the eviction process like after COVID 19 in your city (ask for details and differences beforehand)- what are the city rental regulations, what is the process to obtain a rental license, how would you rate this city compared to surrounding cities on difficulty with this process and working with landlords- how do you handle late fees and payment plans, if a tenant calls and says they’re going to be 5-9 days late but have been on time for 6 months what is your response- if multis - how do you handle tenant conflicts- why do they work in property management and how did they get there- if you could invest in any city in the state where would you and why (I love this question because it will tell you if they know where the most profitable areas are for investors and ROIs and hidden costs)- how is water/water bills handled in this city