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23 December 2024 | 9 replies
A strong partnership benefits both parties.Happy vendors are more likely to prioritize your jobs and provide high-quality service, benefiting both tenants and owners.Balancing Stakeholder NeedsBalancing these relationships requires a strategic approach:1.Standardized Processes: Implement systems that ensure consistency and efficiency in addressing maintenance requests, approvals, and payments.2.Transparency: Use technology, like owner and tenant portals, to provide real-time updates and visibility into ongoing issues.3.Regular Communication: Maintain open lines of communication with all stakeholders.
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24 December 2024 | 7 replies
But tax benefit of MTR if there is difference between the 2 vehicle.
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23 December 2024 | 4 replies
I exhibit and talk at them about available tax benefits and cash flow that too many miss.
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27 December 2024 | 16 replies
These loans allow buyers to finance both the purchase and the cost of repairs.Creative Real Estate Solutions: Sometimes, creative solutions like owner financing or lease options can attract buyers who might not be able to purchase outright but are interested in a property like yours.It's important to weigh the costs and benefits of each option.
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23 December 2024 | 15 replies
The potential liability from having someone do a job they are not licensed to do far outweighs the cost-benefit.
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24 December 2024 | 5 replies
All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit.
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25 December 2024 | 2 replies
I would benefit from this program because it would decrease my 1:30-2 hours commute down to under 30 minutes.
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31 December 2024 | 66 replies
I think the biggest benefit of the AIA system really shakes out to be the effective & clear communication of the guidelines and procedures for construction management, which tend to be much more muddied in the residential world.
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23 December 2024 | 5 replies
Real estate's "gross rent multiplier" is Wall Street's "sales to revenue", "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc.
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23 December 2024 | 14 replies
Single-family homes benefit from a larger buyer pool, appealing to families and owner-occupants, which makes them easier to sell.