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12 June 2018 | 1 reply
I have a auto body shop that is located in a D class residential area, it was own by my grandfather, he is getting up in age and he is passing it to me. he hasn't done body work in years, he just have been renting the place out to some guys he know for like $220 a month. the utility are still in his name also. my whole idea is to come in, change things around, do the proper things, have a actually lease agreement written out for the tenants, with the new rate increase and rules, there wont be anymore of the late rent payments, there will be a late penalty, the utility will be in the tenants names,I plan to put a security system on the property, I'm new to all of this , its my first property I'm open to advice, suggestions, ideas on what I should do.
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12 June 2018 | 0 replies
I feel like long term the Hudson County area properties will continue to appreciate as demand gets pushed here from an increasingly expensive New York market.Are there any experienced real estate investor's with their brokerage license that can sit down with me discuss my options moving forward.
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13 June 2018 | 3 replies
[Once the world says "peace, peace", won't banks (suspiciously) find reasons to increase rates?]
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21 June 2018 | 2 replies
With $200 a month in rent (just used a high number to account for future increases in rent) if you rented it out, it'd take about 10-12 years or so to match that 30k.3) Have a meeting with your realtor and discuss your displeasure with his strategy.
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13 June 2018 | 16 replies
Sounds like a good opportunity to increase cash flow there.
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13 June 2018 | 2 replies
I have spent about 75K on my real estate education which has increased my net worth by roughly half a million dollars in just over two years.
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13 June 2018 | 2 replies
I usually try to be as leveraged as possible as this increases my ROI.
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24 October 2018 | 8 replies
As a result there is a very real danger that hosts will be penalized, receive bad reviews on social media, and even lose their accounts on Airbnb/VRBO which could quite realistically cost them their businesses if no consideration is given to grandfathering in owners and hosts who are already operating more than one STR per lot, not to mention it seems fair to give owners and tenants a chance (as was mentioned) to recoup their significant investments (as one neighbor mentioned--her life savings) which they made under the existing laws."
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17 June 2018 | 6 replies
The increased cost would be planning and engineering the project to take 8 which would be a wasted cost if we don't end up going that direction, but it may be worth it to keep the door open for that possibility.
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13 June 2018 | 3 replies
By making few more attempts, sales reps can increase the conversation rate growth up to 70%.