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23 November 2021 | 2 replies
So I'm not certain if it is legal or not, but either way it just seems like a bad practice to advertise before you close on it.
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24 November 2021 | 2 replies
The owner, a former contractor, also was willing to help with a lot of the labor if I was willing to pay for materials.
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29 November 2021 | 36 replies
Utilities, insurance, taxes, repairs and maintenance, advertising, mortgage, lawn upkeep?
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26 November 2021 | 6 replies
Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).Stated another way, the 50% rule, which is generally considered to be fairly close to actual expenses, states that …50% of your gross rents will be taken up by expenses, such as property tax insurance vacancy property management maintenance capital repairs legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.
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11 December 2021 | 6 replies
I bought 15k worth of materials, and did most of the work myself.
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22 November 2021 | 0 replies
If you are an agent or investor do you hire digital marketing agencies for your advertising needs?
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23 November 2021 | 2 replies
My question of the Holiday is, how does an investor fair, with doing BRRRR’s with the cost and scarcity of materials as well as labor costs on the rise?
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23 November 2021 | 2 replies
Then we re-configured the layout, and used better material.
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23 November 2021 | 2 replies
It works well for everything but advertising.
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24 November 2021 | 3 replies
It was definitely challenging during the pandemic with price increases/long delays for materials but the hot housing market sure made it all worth it.