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3 July 2024 | 7 replies
Few questions.First, will the rehab help you rent the property to better tenants at a higher rate?
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2 July 2024 | 29 replies
Cash flow would eventually come when the rates go down, but equity from day-1 is my kinda game.
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4 July 2024 | 7 replies
I can understand the mortgage being in my name is not great for the fact of piercing the company veil issue you mentioned, I wasnt aware of any other options being that I cannot payoff or refi the loan in the LLC's name as the current rate is low and the numbers wouldnt make sense if I refied.
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2 July 2024 | 7 replies
As a veteran, Navy Federal has decent investment product rates though you may look into.
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2 July 2024 | 10 replies
We track these metrics and cover them in our weekly property management meetings in an effort have the lowest amount of vacancies AND to reduce the amount of time the units are vacant.
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3 July 2024 | 1 reply
In addition, the rent is capped at the tenant's income and the local market rates, so it may be less than you would receive from a tenant who is not a Section 8 tenant.
3 July 2024 | 13 replies
I am thinking that can be offset by increasing rent periodically at the same rate.
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3 July 2024 | 8 replies
THEN, you are looking for a new cleaner. 2) Do not hire a company that has a high turnover rate.
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2 July 2024 | 5 replies
Quote from @Jon Sidoti: We've worked with a few brokerages and we got great deals on a few assets.Shreveport LA - 2021 acquired Industrial Latter & Blum NacitotchesLeland NC - 2022 acquired 20 units multifamilySavannah GA - 2022, acquired Industrial w/Colliers International SavannahHigh Point NC - 2023, acquired Industrial w/JLLSavannah GA - 2022, acquired Industrial w/Avison Young Atlanta How would you rate your experience with Colliers?
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3 July 2024 | 14 replies
With the current interest rates, it is a lot less work than a rental and she'd probably make about the same (if not more factoring in property taxes, insurance and repairs).