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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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21 December 2024 | 10 replies
I have been in construction/rehab/renovation most all of my life so I have that covered.
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19 December 2024 | 14 replies
Did you have an ARM that adjusted?
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21 December 2024 | 2 replies
**NAHB Contracts**: The National Association of Home Builders (NAHB) offers a variety of detailed and standardized legal templates specifically designed for the residential construction industry2.
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20 December 2024 | 5 replies
Yes, you can put down 10% for a second home, HOWEVER the rate adjustments for a second home and investment property have been the same for several years now.
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4 January 2025 | 28 replies
Had a neighbor (retired from Minnesota) who does home construction and real estate stop by to check out the bulldozing to see if he had any recommendations.
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20 December 2024 | 2 replies
Her GoFundMe Headline: Hollywood in Milwaukee: Foreclosed Spaces to Film StudiosDon't judge too quickly, she is adjusting for focus in life and moving into a new chapter.
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25 December 2024 | 12 replies
Affordable relative to the rest of the US so great place to work remote or just enjoy a reasonable life without being hugely cost burdened Cons: A lot of older than 1980s construction (you 100% can be successful with these properties just have more to check during due diligence) Need to be mindful of market rents in the area and not overspend on renovations where there is not ROI to do so, you can’t usually exceed $2 sf on rental rates and average price per sf is 1.25-1.5 sf (neighborhood, unit type, and finish level specific).KC is not a boom and bust market, you don’t get the high highs or the low lows.
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29 December 2024 | 15 replies
this is my first ever mortgage and I've never had to pay rent so this is definitely going to be an adjustment for me, but I've been wanting to do this for the last 4-5 years now and i figured the best way to get into it is to jump right in!
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12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.