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23 September 2018 | 8 replies
Price run ups continued through the summer but those increases drove demand away towards the end of June.
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18 October 2018 | 15 replies
Help them tie their decisions to their costs or future increases.- If costs are high, send out a letter saying you noticed a spike and that you will be scheduling an inspection to look for issues with the property, like leaks.
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24 September 2018 | 5 replies
If you want to try an advanced statistical technique to improve your chances of increasing your response rate, research Design of Experiments (DOE), which is a multivariate method of testing many factors simultaneously.
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12 December 2018 | 19 replies
According to Zillow, home values in Columbus have increased sharply since 2013, rising by 9.2% over the past year alone.
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24 September 2018 | 51 replies
Conversely though, they're at increased risk for these types of bleeding.
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23 September 2018 | 1 reply
We are looking to start financing so we can increase our inventory and maximize buying power which leads into my question.
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12 October 2018 | 7 replies
Professional photos, 3D scan, SEO presence and experienced agents that are paid based on your customer service experience is what I'd look for..paying someone for any level of service just doesn't seem like a good investment to me.I would also question the ethics of any brokerage/agent that bad mouth's or publicly makes false statements about another brokerage in direct violation of National Association of Realtors Code of Ethics (low paid, inexperienced agents) I guess some folks feel a need to tear someone down to build themselves up!
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29 September 2018 | 18 replies
There's also another perk to owning your own home I didn't elaborate on: A 3% annual cap on property tax increases because of Save Our Homes.
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24 September 2018 | 7 replies
The existing quad is listed for sale at $1.1M and a 5.3% CAP.Commercial multifamily in the area sells at a CAP rate of roughly 4.5%.The existing property is zoned to allow for 6 units and has available land to build an addition duplex for ~$150 per sqft.Assume 1000 sqft duplex at $150,000 and we’ll build that into the loan.After expenses, the additional units will each increase the annual NOI by $14,400 = (Gross rent – operating expenses = $600x12x2).Purchase Price $1.1MMConstruction: $150KLoan amount: $1MMTotal for project: $1.25MM20% down: $250KPre-construction NOI: $58,300Post construction NOI: $72,700What is the estimated property value after construction?
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3 October 2018 | 16 replies
Long term wealth, increased month to month income, diversity?