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18 February 2023 | 4 replies
This trend has been driven by a combination of factors, including changing attitudes towards homeownership, and the increasing popularity of renting among younger generations.
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15 April 2022 | 9 replies
Some avenues I am considering:1) Land Flipping2) Rehabbing/Flipping3) Short term rentalsI have a marketing background which is why land flipping and rehabbing appeal to me since they seem to be driven by marketing and direct mail.
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5 April 2022 | 6 replies
I was considering retiring this year (the year I turn 55) and set myself up to do so (left Company A I was working at after Jan 1).
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23 June 2021 | 7 replies
Kerns, when you drive your own car for business, you write down the miles driven and at the end of the trip, calculate the reimbursement based on IRS published rate (56 cents per mile, I believe).
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26 May 2019 | 20 replies
Twenty-four hours is presumed to be a reasonable notice in the absence of evidence to the contrary.(9) Promptly commence an action under Chapter 1923. of the Revised Code, after complying with division (C) of section 5321.17 of the Revised Code, to remove a tenant from particular residential premises, if the tenant fails to vacate the premises within three days after the giving of the notice required by that division and if the landlord has actual knowledge of or has reasonable cause to believe that the tenant, any person in the tenant's household, or any person on the premises with the consent of the tenant previously has or presently is engaged in a violation as described in division (A)(6)(a)(i) of section 1923.02 of the Revised Code, whether or not the tenant or other person has been charged with, has pleaded guilty to or been convicted of, or has been determined to be a delinquent child for an act that, if committed by an adult, would be a violation as described in that division.
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17 May 2021 | 3 replies
Finding the right agent is a lot about finding a personality style you can work well with, but the agent also needs to be very driven.
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29 March 2022 | 10 replies
Curious how you think about future appreciation in STR dominant markets ... where homes are essentially being valued as income producing hospitality assets rather than homes ...i'm new to this - so please let me know if i'm thinking about this the right way - but it seems like in an STR dominant market appreciation would be driven by 3 things:1) increased demand from Airbnb consumers (essentially boosts NOI through higher occupancy/ ADRs, and therefore boosts market value of homes if you hold cap rates constant)2) increased demand from Airbnb investors willing to pay more for the same earnings (i.e., lower cap rates)3) inflationAm I thinking about this the right way?
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28 September 2022 | 16 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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31 January 2022 | 5 replies
For 2022, Freddie Mac is projecting the vacancy rate to remain flat at 4.8 percent, while rent growth will be seen in all 74 U.S. markets that the organization covers.Rent Growth Across the BoardSteve Guggenmos, vice president of Multifamily Research & Modeling at Freddie Mac, said in prepared remarks that the organization is expecting rent growth in all markets in 2022 due to strong demand that’s driven by the improving economy.Chart and data courtesy of Freddie MacThe metros that are expected to see the highest rent growth for 2022 include Phoenix at 8.2 percent; Tampa, Fla., at 7.7 percent; Las Vegas at 7.4 percent; and Tucson, Ariz., at 7.1 percent.
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10 February 2019 | 40 replies
You can't have a "I won't work for anyone" mindset.