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22 February 2024 | 1 reply
Common benefits are:- Opening and scanning mail to email you a copy of what was inside- Shredding/disposing of unwanted mail- physically forwarding mail to another address (for a fee of course)- Depositing checks that they receive on your behalf.Just google "virtual mailbox dallas" and you'll see plenty of options for that market.
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23 February 2024 | 14 replies
Since you are only doing face time viewings I am not sure of the cadence you are doing these but I would bump that up to be as frequent as possible if going physically is not feasible.
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22 February 2024 | 14 replies
Doing an OOS renovation is even more challenging - you can't physically check on the property unless you fly out there frequently.
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22 February 2024 | 4 replies
Perform your banking wherever is most convenient to you not based on where the bank's physical presence is located.
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23 February 2024 | 35 replies
Hail coverage is unfortunately getting really expensive (like $5000 deductible).As for vacancies, call around to multiple PM companies and ask about economic vacancy, not just physical vacancy.
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23 February 2024 | 24 replies
Properties sold to Fundamental Partners for about 12% below foreclosure value.I wonder if 12% will be enough to weather the storm.I believe these are Fed Low Income Rent controlled, I wonder how much longer that will last (with no ability to raise the rents).There looks to be quite a bit of Physical Damage to some of the brick walls, and the Trash from the pics looks to be piling up to the clouds (Citation Level).I wonder what the occupancy level is, as there seems to be lot of mailbox doors swinging in the wind.Were these guys hand picked by the forecloser to take this over, or did it go to open bid with another lender underwriting a new loan?
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21 February 2024 | 7 replies
Think of "driving for dollars"—that is, physically searching communities for foreclosed or distressed properties.
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21 February 2024 | 6 replies
So, given that you are a general contractor and master electrician, the obvious strategies that come to mind involve physical rehabs of a property.
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21 February 2024 | 32 replies
@James Wise Yeah I won't invest >10% in crypto since it's just a huge casino right now.
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19 February 2024 | 2 replies
The physical effort to rezone is not difficult, but it is often reliant on what the City ultimately wants in this area.