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22 July 2020 | 25 replies
For the heat, I like to have a thermostat kind of hidden and locked at set temp such as 68 degrees, and have baseboard electric heaters in the units that way the tenants can "boost" the heat all they want on their own dime.
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20 February 2023 | 21 replies
Right now it all seems so conceptual, but I am trying to put together a mental picture of how it would actually work... what they can do, how often they have to do it, and how much (range) I should be ready for
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29 March 2022 | 10 replies
Curious how you think about future appreciation in STR dominant markets ... where homes are essentially being valued as income producing hospitality assets rather than homes ...i'm new to this - so please let me know if i'm thinking about this the right way - but it seems like in an STR dominant market appreciation would be driven by 3 things:1) increased demand from Airbnb consumers (essentially boosts NOI through higher occupancy/ ADRs, and therefore boosts market value of homes if you hold cap rates constant)2) increased demand from Airbnb investors willing to pay more for the same earnings (i.e., lower cap rates)3) inflationAm I thinking about this the right way?
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6 February 2023 | 14 replies
I had solar panels on two Flips and it does not appear that the buyers valued the property any higher for it.As far as a rental goes I’m assuming that the renters would not be able Automatically mentally process the fact that they need to pay a little extra to offset the value That you’re giving them.
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3 November 2022 | 22 replies
for small multi and SFH - you add value and boost ARV.
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11 October 2020 | 6 replies
I'm not sure if rehab "has to" be completed before you apply for DF, but it's usually in your best interest because it will boost the appraised value which is obviously desirable (see #3).
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24 February 2023 | 1 reply
If you'd like help with a professional website to boost your credibility even further please reach out to me.
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11 September 2017 | 9 replies
It might ding your credit score a little in the short run, but adding more and more open credit in the long run I believe boosts your score (e.g. larger lines, lower utilization rate) and provides yet another safety cushion.
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2 July 2019 | 106 replies
They probably boosted up the price of these smaller multi's until the 1994 laws took into effect.
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9 May 2014 | 6 replies
This way if you have to go to court you can bring more than 1 record of you informing the tenants; thus boosting your case.