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16 April 2024 | 10 replies
Remember, you provide housing not personal reform.
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13 April 2024 | 5 replies
The lot value alone I believe would be a safety net but I really hope that never happens. lots to think about.
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12 April 2024 | 10 replies
It's an independent living recovery community and the building — the location of which is not being shared so residents can maintain their safety — will have a property manager, assistant property manager and security.
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15 April 2024 | 7 replies
After it's stabilized looking like $28-30K annual cash flow, probably $72 per unit with a 4.3% cash on cash return.....assumptions using market standard opex since you didn't provide that but did you underwrite this one?
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14 April 2024 | 3 replies
A knowledgeable VA lender can provide guidance tailored to your unique circumstances.
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14 April 2024 | 19 replies
This means providing top-notch customer service, keeping the place clean and comfortable, and adding thoughtful little extras.
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14 April 2024 | 5 replies
Tons of rating factors that impact the price from one property to another.I say this without even considering coverage, service, and what you might want as there are usually choices to be made.Your best bet is to work with an independent agent that can provide advice along with multiple options for every scenario so that you can find the best value in each situation.
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14 April 2024 | 17 replies
While using a QCD may encourage the Clerk to accept the deed for recording it won't help if the DOR decides to audit the information provided with the conveyance.
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14 April 2024 | 5 replies
A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.
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15 April 2024 | 27 replies
Like others have mentioned turnkey is a great option, there are several providers that operate east and north of you where the price points/rents are more favorable while laws remain landlord friendly.