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29 November 2024 | 27 replies
This would be quite the analytical marvel to even effectively ESTIMATE this with any reasonable level of certainty/confidence (even for someone appropriately trained).
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26 November 2024 | 3 replies
From May – Oct it appeared the inventory leveled out but in November we are currently seeing a 200 unit increase over October.
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26 November 2024 | 9 replies
I develop a high level scope of work and then make my own estimates for each item.
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28 November 2024 | 13 replies
I also think that if there is any downturn, entry level vacation rentals in places like Kihei will feel it much less than high end luxury vacation rentals and hotels.
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26 November 2024 | 35 replies
At a high level, this is generally the path people take - we see a lot of people have success in this route - start building the portfolio with banks, low down payments, and then **generally** when you hit around 5 or so properties - it starts to make sense to switch over to LLCs, its too hard to qualify/deal with paperwork of banks and switch towards private lenders like DSCR Loans - (LLC friendly, easier) to scale past 5 or so.
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26 November 2024 | 13 replies
At first this sounds like a good thing because its a cheaper entry level but the more you own the more complicated life can get.
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23 November 2024 | 9 replies
At my level of properties, I don’t think the price per month justifies joining Buildium
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23 November 2024 | 8 replies
Excited about learning from those doing it at a much higher level than me, and networking and educational opportunities seem excellent as well!
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24 November 2024 | 5 replies
As a general rule of thumb if the property has a ground level commercial requirement in order to show sufficient hardship to seek a residential use change the property should be located in a location that is not conducive to commercial use i.e residential street, close but not as marketable as properties located on neighborhood's primary commercial corridor etc.
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21 November 2024 | 7 replies
The only way you can break that log jam right now is severely lowered fed rates, but the level of federal debt is such that they're in a no-win situation because there's going to be little appetite these days for buying 1% fed notes from overseas.The fed rates were kept too low for too long.