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14 March 2024 | 35 replies
Granted, more of a problem on AirBnB due to their complicity in encouraging ever-increasing automation, but there is truly nothing worse than a late check-in lock-out without a safety line or concierge to assist.
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12 March 2024 | 105 replies
And it would cause an uprising...at least...That sounds great but there have been millions of illegals here ever since I've been alive.
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12 March 2024 | 5 replies
Quote from @Charles Holder: @Derrick CamerinoHey Derrick, pleasure meeting you =)I am a mortgage broker here in SA, my wife is a realtor and runs a team we invest and our constantly growing our network.Let's chat when you have some free time.
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13 March 2024 | 9 replies
@Jason YangHey Jason, I know this post is old but curious if you ever found someone.
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11 March 2024 | 3 replies
Here are some of the types of “wanna be” investors who never seem to be able to “pull the trigger:”The Organizer – This individual can’t seem to ever get fully organized - and until they do they can’t possibly make a purchase transaction.
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12 March 2024 | 168 replies
Seems like there are a lot of newbies (like myself) and this may not be a bad way to get started and grow together...
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13 March 2024 | 11 replies
If you would ever like to talk about some potential areas in Michigan to invest feel free to reach out.
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13 March 2024 | 16 replies
And I had 50k at risk.7. lawsuit takes about 2 years seller NEVER EVER respond Judge made us go the fully Monty before he would rule.
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14 March 2024 | 26 replies
Also no offense please but asking why they are selling is not something experienced buyers will ever ask it makes no difference and half the time they will lie anyway.
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12 March 2024 | 1 reply
Pros:Stable Income: These facilities often sign longer leases, providing landlords with a more stable and predictable income compared to traditional residential rentals.Higher Rent Potential: Because these facilities generate income through the services they provide, landlords might negotiate a higher rent than standard residential properties, reflecting the commercial nature of the tenant's business.Lower Tenant Turnover: Residential assisted living facilities tend to have lower turnover rates, reducing the frequency of vacancies and the costs associated with finding new tenants.Social Contribution: By renting such facilities, landlords contribute to addressing the growing demand for assisted living and support services, positively impacting their community.Property Maintenance: Tenants in this sector often maintain the property well to comply with regulations and ensure a comfortable living environment for their clients, potentially reducing wear and tear.Cons:Regulatory and Compliance Issues: Facilities must adhere to strict regulatory and compliance standards, which can involve the landlord in complex legal and zoning issues.Higher Insurance Costs: The nature of the business might require additional insurance coverage, potentially increasing costs for landlords if they are responsible for carrying this insurance.Modifications and Upgrades: Meeting the specific needs of an assisted living facility may require significant property modifications and upgrades, which can be costly.Market Limitations: Should the lease end or the facility close, the specialized modifications made to the property might limit the market for future tenants, potentially requiring substantial investment to revert the property for standard residential use.Operational Oversight: Landlords might need to monitor the facility's operations more closely to ensure compliance with lease terms and local regulations, requiring more hands-on involvement than traditional rentals.