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17 February 2021 | 78 replies
I have not yet seen a $400+ 1% property that an average Joe investor could buy without having some kind of off market find or rehab plan to boost value.It is fun trying though right?
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14 November 2017 | 37 replies
I personally would probably avoid billboards and cell phone towers for curb appeal for my tenants, but I get you larger point - find more income streams!
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8 December 2017 | 124 replies
Place looks greatThank you Robert I appreciate the boost of confidence.
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6 October 2021 | 83 replies
The owner of the site can also pay third-parties to “rent” links from a network of sites to get a boost in rankings.
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15 February 2018 | 31 replies
Always best to study up on local laws and figure out who has to do what, and when, to protect their interests.One of my customers built a commercial building , the contractor was paid by the customer , but the sub that did the curb and gutter and asphalt wasnt paid by the general contractor .
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29 September 2022 | 84 replies
However, I'm also pursuing STRs, rent by the room properties, and private notes to boost my cash flow in the short run.
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25 September 2016 | 36 replies
I have a customer who built a commercial building , he paid the GC $150,000 for the paving , curb and gutter .The general didnt pay the paving guy .
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13 February 2020 | 2 replies
Before I share, I want to hear from you...What have you accomplished, or just done, that has boosted your confidence more than anything else when it comes to pursuing your wholesaling business?
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22 April 2020 | 14 replies
That was one of the reasons for raising the monthly dues.Some pros: Will not have to worry about any landscaping, exterior maintenance, or tenants ruining the curb appeal of the property.
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30 November 2010 | 80 replies
On the flip side larger units of properties generally have professional managers in place with excellent books and then occasionally you will have a few sellers that self-manage and keep poor books or a bad PM company.I have seen tally's of 25% to 60% in ranges on the 50% average used.I tell sellers when I list there property that they need to think about the buyer.Even though you manage the property and save 10% on property management doesn't mean the buyers will not use one.Example: Property at 100,000 NOI is 1,000,000 at a 10 CAP but put in management instead of self managing to reduce by 10k in costs now the property to achieve the same 10 cap is at 900k sales price.I find this happens often in the 10 unit to 30 unit apartment complex range where a seller can manage themselves.Anything above that in unit size usually a PM company is in place.So I tell sellers we have to price according to what the costs will be to the majority of buyers looking to purchase your property.As other investors have told me.Corporations say the seller does a great job with costs but our managing structure is different so we can't offer that price.Others say they can't manage the property as well as the seller can so have to offer based on more conservative numbers to give themselves a buffer.So as others I use the 50% equation as a quick reference and nothing more.When I get into cost analysis I ask myself if the seller has been cutting out trash pick ups,termite maintenance plans,and defering maintenance and improvements to boost cash flow on paper.