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21 July 2024 | 4 replies
@Nick M.We have been through that situation several times.It depends on your objectives with the property, but my first thought for you is - “are you sure you want them to leave?”
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24 July 2024 | 13 replies
Places like Maplewood, Richmond Heights, Affton, etc. would be where I would start (if looking at long term rentals).
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25 July 2024 | 1 reply
At this time, the types of properties that I'm interested in pursuing are primarily multi-unit rentals and short term AirBnB properties.
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25 July 2024 | 2 replies
Well, history shows what happened both in terms of marginal tenants ultimately getting hurt (as did many landlords) and the Supreme Court ruling the Eviction Moratorium as unconstitutional.I see the whole idea of rent control, which is just another form of government invasion for political hopes, being bad for everyone.
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19 July 2024 | 3 replies
It doesn't take long to learn how to spot a good deal.6.
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23 July 2024 | 4 replies
Builders typically are NOT long term buy and hold investors.they build they sell they take their profit and do another new build, rinse and repeat.There’s still a delta between seller ask and buyer expectations on existing property which makes sense.
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26 July 2024 | 2 replies
Id suggest 2 or 3 yr term on both.
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24 July 2024 | 11 replies
Real estate is a long-term wealth vehicle, and overall, I would be cautious about how you define overpriced.
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25 July 2024 | 12 replies
@Levi Collins: As long as the tax deed clears title process, that should not be an issue.
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25 July 2024 | 3 replies
made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.