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29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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30 November 2024 | 9 replies
Here are some key considerations:The Tenant Stability MSO Growth: The MSO is expanding westward and has acquired multiple businesses, which suggests growth.
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25 November 2024 | 23 replies
If you are really planning growth to scale then mail in house.
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30 November 2024 | 1 reply
.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.
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30 November 2024 | 6 replies
And the Census officially announced Detroit's population ticked slightly higher in 2023 for the first time in nearly 70 years.We're still early innings for Detroit's growth and appreciation.
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29 November 2024 | 8 replies
Tons of jobs and growth which allow for better tenant selection, low crime/safe, etc.
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1 December 2024 | 31 replies
Here’s why it might be the right fit for you:Accelerating Your Growth: BRRRR is all about using your capital efficiently to keep growing.
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30 November 2024 | 0 replies
.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.
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3 December 2024 | 16 replies
There are two types of appreciation to consider:1.Market Appreciation: Rising property values driven by external factors like economic growth, demand, or market conditions.
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9 December 2024 | 20 replies
In my opinion, you can make as much money buying cheap houses as you can buying expensive homes.Affordability is an issue for a lot of Americans so I will argue cheaper cities performed better over the past 10 years than more expensive markets / houses.San Francisco, CA, Seattle, WA and New York, NY are considered expensive markets.If I look at Zillow's price estimate for homes comparing 2016 and 2024San Francisco - Average Price of home was $1,145,000 and now its 1,262,000(Increase of 10%)Seattle - Average Price of home was $561,000 and now its $848,000(51%)New York - Average price was $561,000 and now its $766,000(37%)Memphis, TN, Indianapolis, IN and Clevlenad, OH are considered cheaper markets.Zillow is showing more appreciation in these markets over the same time periodMemphis - Average price was $73,000 and now its $149,000(104%)Indianapolis - Average price was $107,000 and now its $225,000(110%)Cleveland - Average price was $54,000 and now its $109,000(101%)Population increases and job growth are two indicators that result in appreciation.Two of the cheaper markets listed above(Memphis and Cleveland) are not increasing in population.