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22 February 2024 | 8 replies
We actually have the option to STR on a few of our properties and decline to do so because we make more money than an LTR on our medium-term rental with a lot less work than an STR.The pros to medium-term rentals: high occupancy rate, no local regulation issues if you are 30+ days, elevated rents, more and more people are staying longer, often the midterm rental tenant pool is professional.
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21 February 2024 | 8 replies
You could get into technical sides of things, like how to imbed and track pixels from ads through to lead capture forms, email click through rates, A/B testing, open rates, conversion rates, lead acquisition costs, customer acquisition costs, headline/subject line writing, etc.On the persuasion side: The Catalyst by Jonah Berger, The Jolt Effect by Matthew Dixon, but there are also countless sales training, sales psychology, influence people, type books out there.
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22 February 2024 | 19 replies
It just becomes a marketing and pricing issue.
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20 February 2024 | 4 replies
Just make sure you ask your lender and tell them in writing you're doing that - they can technically call the note due (both my lenders said it was ok to have the title changed to an LLC) but this doesn't happen often.
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21 February 2024 | 4 replies
The major issue is that the some windows are moldy and some have rotted frames.
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22 February 2024 | 11 replies
Giovanni, I do it very similar to Scott, although all mine are posted as cash offers, although I have a very close relationship with my HML, and he always takes care of my proof of funds, and I honestly have never had an issue with this or ever been questioned, and I have done purchases from all sorts of sources including Fannie.
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22 February 2024 | 8 replies
Positive Community Impact:By participating in the CityFHEPS program, you contribute to addressing the critical issue of affordable housing in New York City.
23 February 2024 | 65 replies
Can we deduct the office as a business expense since its sole purpose is working, or would splitting the use between a W2 job and rentals create an issue?
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20 February 2024 | 22 replies
Properties are exchanged into the reit, the sell gets unit shares (partnerships don’t technically have shares).
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21 February 2024 | 10 replies
Ours was an occasional rain issue in one corner and also a bit of an uneven floor.