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7 October 2024 | 12 replies
Most recent update “Dear Investors,I just returned today from a being in x most of the week, conducting an on-site assessment of our properties and reviewing the status of tenants and ongoing operations.
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7 October 2024 | 3 replies
We have one of our properties for rent and are accepting applications.
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6 October 2024 | 5 replies
Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.
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7 October 2024 | 9 replies
Smokers are not considered a "protected class" (ie: race/gender/age/etc).The lease the tenant signed prior to us acquiring the property says nothing about smoking either way.
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8 October 2024 | 16 replies
Here are a few of my top tips for making your property pet-friendly:Research local pet fees: Ensure your pet fees are competitive while still allowing you to cover potential wear and tear and make a profit.Set a pet limit: Specify the maximum number of pets allowed on your short-term rental platforms and highlight this in multiple areas of your listing, including your property rules.Provide pet essentials: Invest in items like a large dog crate and pet food bowls for guest use.Create clear pet rules: Share these rules with guests during check-in.
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6 October 2024 | 3 replies
I'm focused on small to mid-sized multifamily properties in south central and eastern NC, and I’d love to connect with others that are actively investing and operating in these areas.
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6 October 2024 | 7 replies
I have listed my property on Zillow with rent of $2700 but I see that for 4 bedroom houses the section 8 gets closer to $4k from the government.
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7 October 2024 | 9 replies
The downside of this may be high turnover rates.The real estate agents and property managers operating in this zip code, may have more to say on this.
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6 October 2024 | 8 replies
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at.
6 October 2024 | 3 replies
The average 30-year fixed-rate mortgage rate jumped 27 points from 6.26 percent to 6.53 percent on Friday"I guess I go back to buying properties with zero down, taking over 3% mortgages.