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30 October 2019 | 17 replies
Experience:As a landlord for my two unit investment property in Irvington, New Jersey From my very first article, anyone who interacts with my profile knows I’m an anonymous landlord.
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12 November 2019 | 15 replies
@Dan Cox if I am following your conversation with the ever-so-helpful Dave Foster, it sounds like you think it will be harder to find the replacement than sell your existing.In that case, why not just wait until you DO find that replacement make an offer with maybe a little bit of an extended closing option, and THEN put yours up for sale?
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29 November 2019 | 12 replies
You are bound to learn alot by interacting here.
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3 November 2019 | 2 replies
So I'm committing to more learning, more networking and more interaction here on BP.I'll wrap here.
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3 November 2019 | 0 replies
I learned to interact with tenant, craft leases and rental agreements, construction and how management worked.
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4 November 2019 | 12 replies
Nice to have some interaction w/ someone else from Baltimore.
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7 November 2019 | 15 replies
Now that I have moved and have interacted with other investors, I have changed my focus to buy and hold investments.
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11 November 2019 | 9 replies
Here's a couple blogs we wrote on selecting and pricing your QI.https://www.biggerpockets.com/member-blogs/12255-dave-foster-the-1031-investor/86606-do-i-need-an-attorney-for-a-1031-exchangehttps://www.biggerpockets.com/blog/how-much-does-a-1031-exchange-cost
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8 November 2019 | 39 replies
@Charlie Moore I've done open house style showings for myself an day clients, and had great success with the strategy, its a solid approach but like anything else there are pros and cons the biggest ones in my opinion are:Pro'sTime: You can possibly get more foot traffic to see the unit(s) without making a dozen individual trips to the propertySense of Urgency: When potential tenants see the traffic and potential competition at the open house they may be apt to submit an application a bit fasterCon'sTime: Timing is crucial, you have to know what time is best for your tenant base, if your only showings are open house style you run the risk of potentially qualified tenants not being able to attend due to scheduling conflictsEngagement: If your open house is too busy you may run the risk of not being able to interact with potential applicants.
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6 November 2019 | 5 replies
If you start with positive interactions and communications with the tenants (especially letting them know that you are making every effort for a smooth transition) the tenants shouldn't have any problem with signing a new lease and/or negotiating the terms of the new lease.