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17 December 2019 | 3 replies
Some options for a rising market with low supply are:1) Analyze a ton of deals and make more offers than you have in the past, you will get a good one eventually2) Partner with someone who has got good deal flow and bring other elements of a successful deal to the table e.g. capital, asset management skills etc3) Focus on your credibility in front of listing brokers, if you can demonstrate a track record, financing in place and clarity as to what you are looking for, this will help4) Ramp up your marketing activities, think about what you are not doing today that could bring more deals if you were to start doing that activityetc...
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17 December 2019 | 13 replies
If this doesn't fix it then there is probably one of the heating elements out.If that doesn't fix it easily then I would send PM and owner a letter and tell them they have 14 days to cure or you will call a plumber that advertises on TV (They will be expensive) and take it of the rent.
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18 December 2019 | 1 reply
The benefits of having a property manager are numerous – for example, they take on all aspects of the screening and rent collection process.
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30 December 2019 | 4 replies
We requested numerous repairs prior to accepting the deal.
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23 December 2019 | 1 reply
The amount of your relinquished property, the purchase price of the raw land, value of construction, and debt coverage needed for the 1031 are all elements that could dramatically shape the best path forward.
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23 December 2019 | 15 replies
I am fortunate to have a strong element of trust with my partner.
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26 December 2019 | 29 replies
I have numerous houses in my area with much larger square footage and with mic h more square footage and beds and baths than being reported by the city tax assessors.
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24 December 2019 | 2 replies
@Julie Groth Quickbooks Online can do a LOT, but it won’t replace the human element.
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27 December 2019 | 8 replies
Never trust the ARV or the rehab figure from wholesalers, about 98% of the time, they are off to make the deal look better than it really is.If you are buying from a licensed real estate agent via an "off market deal", there can be numerous reasons why it is off market / "pocket listing" but these may very well be changing real soon as NAR (National Association of Realtors) has passed a rule that will go into effect in January, 2020 that states that no "pocket listings" are allowed.
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27 December 2019 | 24 replies
You can create numerous amounts of different deals to fit your investment style or risk.