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2 June 2024 | 5 replies
Other than for an appraisal, I wouldn't think it would impact anything.
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4 June 2024 | 8 replies
I'm with a construction and design company and we operate in NC - feel free to reach out, would love to work with you and help you create a high-performing STR.Here are a few we did in NC for you to check out:-https://www.airbnb.com/rooms/755582185230853225?
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2 June 2024 | 14 replies
Your budget or lack of budget will probably have the biggest impact on how you move forward.
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4 June 2024 | 42 replies
sorry to say it but there is nothing dishonest to engage in a conversation with an Agent that has a house on market since 200 days and offer to buy at a lower offer price - seller they believe owns the Taj Mahal and expecially after pandemic they raise asking price way too high - once again, guys we are entertaining a conversation with a seller and if the house is on market since 200 days, guess what, I believe the agent and the seller maybe a bit motivated, or what?
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3 June 2024 | 4 replies
Given the current environment of high prices and high interest rates, it is not likely that a taxpayer will pay tax on rental income for properties purchased now.
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4 June 2024 | 9 replies
Yes, I have spoken to a bunch of knowledgeable contractors but the bids have been very high.
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2 June 2024 | 8 replies
Unfortunately, many landlords are hesitant to rent to these migrants due to their circumstances.Given our personal connection to this issue, my aunt and I believe we can make a positive impact by providing housing for these migrants.
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4 June 2024 | 4 replies
I'm hearing more about AP on takeovers that the new ownership did not seem to have knowledge of, and high AP at existing properties that have cash flow issues.
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3 June 2024 | 7 replies
I frustratingly see so many deal offers, particularly in Multi-Family space, where GP/sponsor is putting nothing or next to nothing into the equity portion and is collecting 2-3% acquisition fee/ 0.5-1% loan origination fee/ 1.5% yearly asset management fee/ 1-2% disposition fee and then 50/50 splits to 60/40 splits over fairly modest hurdle rates of like 14-15%, and it seems this latter structure incentivizes GP to take more risks particularly with debt options.
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4 June 2024 | 7 replies
All the cohousing developments I've come across have a high degree of pride of ownership and community.