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2 July 2024 | 0 replies
Partner Driven financed the E Wildflower Lane deal using its own capital, covering the $270,000 purchase price and $40,000 in renovation costs.
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2 July 2024 | 1 reply
Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.
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1 July 2024 | 4 replies
I'm not sure the cost for the kitchenette install with rough in work but I have great relationships with my subs and historically keep my reno costs down.
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1 July 2024 | 2 replies
Hey Manas,The Tenant Improvement (TI) allowance is typically negotiated between the landlord and tenant and is used to cover the costs of customizing or renovating the space to fit the tenant's needs.
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1 July 2024 | 7 replies
Any current rental property owners that can give me details on the cost of rental license and inspection fees in Lansing, MI?
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1 July 2024 | 18 replies
I have about $100k available for down payment, closing costs and I'm hoping to have some left over for reserves.
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2 July 2024 | 4 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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2 July 2024 | 24 replies
Valpo is a great area to invest in, Munster is also great but Lake county seems to have higher costs.
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2 July 2024 | 3 replies
The port Authority has just begun construction on a new Business district located up by Pangborn Airport.There is a large road project building a second bridge over the Wenatchee River to downtown to help with future traffic flow the project's estimated cost is over $92,000,000.A secondary Road Project is also happening on the south end of Wenatchee Ave.
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1 July 2024 | 6 replies
The financing cost behind hard money are usually more expensive than taking out a HELOC.