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19 August 2024 | 22 replies
Anyone that has experience feel free to drop me a line.
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20 August 2024 | 3 replies
Hi @Ryan Dunn - the easiest is just to ask a few brokers that are active in the area, you can also simply attend a local real estate investors meetup (a lot of them are free or very inexpensive) and let folks know you're looking to offload your inventory.
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20 August 2024 | 40 replies
Feel free to reach out if you want specifics, but if not best of luck in your journey!
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19 August 2024 | 3705 replies
Not necessarily a cash flow but rent/mortgage free allowing me to save up and purchase my 2nd property.
19 August 2024 | 6 replies
Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.
21 August 2024 | 182 replies
Same effect as the "cash for clunkers" program of the same era.
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21 August 2024 | 15 replies
Find Pet Sitters & House Sits Worldwide | TrustedHousesitters.com It is a site that trades pet / house sitting for free housing.
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21 August 2024 | 1 reply
mortgage closing costs: 2 to 5%property value appreciation: 3 to 6%cash on cash return: 2 to 4%cap rate: 4 to 5%rent growth: 3 to 5%rental property expenses growth: 2 to 4%repairs & maintenance cost: 5 to 10%capex: 1 to 3 %Vacancy rate: 4 to 6%Mahalo !
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23 August 2024 | 21 replies
The PM is a for profit business , they are not there to "save" you money , they are there to get the job done .You can ALWAYS get things done cheaper , but is your PM going to schedule 3 contractors for estimates and wait 1/2 a day for them to show up for free?
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21 August 2024 | 8 replies
However, the Houston Housing Authority recently lowered the payment standard significantly, by over $1,000 per month, which has made this strategy less viable.Now, I'm considering mid-term rentals (MTR) for better cash flow and less management compared to short-term rentals (STR).