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9 March 2024 | 8 replies
Is looks like they typically stay on the market quite a while.
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8 March 2024 | 2 replies
I have never used, but the retail landlord I used to work for uses DashComm to allow their tenants to pay rent and report sales.https://www.phillipsedison.com/neighbors/dashcommAgain, this was not rolled out when I worked there many years ago, but I know a vast majority of their tenants have escalation clauses, NNN's, some properties have utility pass throughs that vary each month, etc.I will also say, for what it is worth, they had a full AR department that would mail out statements every month to every tenant.
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9 March 2024 | 4 replies
Purchase price was typically between 40-70K and improvements were laminate, paint, fixtures, appliances, etc to make them rent ready.
8 March 2024 | 11 replies
Last time I dealt with this I simply had the utilities turned on in my name.
9 March 2024 | 14 replies
Typically crappy properties in crappy neighborhoods with crappy tenants.
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8 March 2024 | 13 replies
Some require lien releases to be signed, others didn't, but we always got them anyways, so as not to get ourselves in trouble.All of my loans had draw fees (typically $150-$250 per draw), and they all allowed me to pick the schedule of draws.
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11 March 2024 | 22 replies
Typically listing on the market is the best way to go unless they NEED a quick close or the home is in shambles.
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8 March 2024 | 5 replies
Hello BP, I’m a newbie investor and I’m a believer to never be the smartest person in the room… So I ask you all: what are newbie mistakes in Multifamily investing you typically see or have encountered yourself?
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7 March 2024 | 19 replies
Does my LLC name being attached to the plans protect them from being utilized by other builders/investors/Contractors?
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9 March 2024 | 21 replies
Ten to twenty percent of the whole restoration expense is a typical contingency proportion.Local real estate agents can supply you information on the most valued improvements in your area.