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18 January 2025 | 5 replies
I would definitely check Dunn and Bradstreet for any open lines of credit, liens, judgements and the like.
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17 January 2025 | 6 replies
These platforms typically have billing policies where you pay a per unit fee per month to the software and you get regular updates and support each month.There are a number of low-cost platforms available that are able to offer you a lower price by passing along some of the costs to your tenants (payment processing fees, applications, tenant screening, etc).
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18 January 2025 | 36 replies
A a low-temp sensor be added for you to be called if the temp falls below 55º ?
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7 February 2025 | 16 replies
Are the HML not good options or you believe that 75% is too low?
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6 January 2025 | 8 replies
Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.
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10 January 2025 | 23 replies
Credit Union, Brokers, Banks (all have different advantage & disadvantages).
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22 January 2025 | 1 reply
As you can tell marine the appraisal came back 40k low and I was so dumbfounded.
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7 February 2025 | 8 replies
I've run into some issues where clients get a little anxious over a valuation that came in low or a condition comes up that is fairly minor.
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19 January 2025 | 61 replies
Risk entails everything from lawsuits to lack of diversity in investments to low rates of return to high exposure to vacancy (more units theoretically lowers vacancy exposure).
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13 January 2025 | 8 replies
Assuming a 40% expense ratio, the net operating income at the current income level would be around $19,440 annually and $28,800 after renovations.At a $360,000 asking price, the cap rate based on current NOI would be 5.4%, which is low for a park with park-owned homes and required renovations.