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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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26 December 2024 | 10 replies
@Federico Dallo you mentioning vacation-type locations leads me to guess that you may want to use the property yourself occassionlly?
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20 December 2024 | 3 replies
I'm struggling to generate extra lead flow from builders, mostly because it's so difficult to identify folks that are doing ground up, business purpose construction.
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21 December 2024 | 6 replies
These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."
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18 December 2024 | 8 replies
Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships and excellent customer services to determine how to best market to your leads.
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19 December 2024 | 13 replies
You might find good success getting leads there .
20 December 2024 | 4 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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22 December 2024 | 0 replies
This often leads to complacency which is seen by the trail off of attendance at these meetings.
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26 December 2024 | 21 replies
This slippery slope leads to practices that harm clients, damage reputations, and erode the foundation of trust that’s essential in the real estate investment industry.As brokers and lenders, we should celebrate the success of our clients.
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20 December 2024 | 3 replies
Increase time spent conversing with each lead that you get to learn more about how they view the property and implement reasonable changes accordingly.