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8 April 2019 | 9 replies
There is a significant amount of entitlement you need to be prepared to stand up to.Occasionally students or their parents will call and try to insult you or bully into giving them rent free housing.
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8 April 2019 | 25 replies
If we stand in front of a stock-decline, what then with real estate?
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7 April 2019 | 5 replies
Not being a lawyer, I wonder how such a provision would stand up against the statute in a legal battle.The second is that a landlord can evict tenants due to economic necessity; and that necessity can be in the form of an offer to purchase subject to the tenants being gone prior to closing.
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16 July 2020 | 12 replies
Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but with all those offers, it's hard to stand out.There are some owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.By mixing in these newer owner occupied segments with your lists, you should find inventory without all the competition.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.
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9 April 2019 | 21 replies
I have a tenant in good standing who has a good job, pays on time, is responsive and responsible.
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29 April 2019 | 4 replies
Do any of these stand out as good or bad to focus on as a start?
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10 April 2019 | 13 replies
I think my attitude of “my way is right, I need to convince you of that,” pushed her away, but when I took more of a stance of “there are other ways of doing things, let’s explore together,” then we found common ground (that just so happened to be where I was standing on the first place).
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2 May 2019 | 5 replies
Keep working your butt off, eliminate any/all debt and reach out to a MLO soon if you haven't already so you know where you stand in the process.
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10 April 2019 | 5 replies
It's hard to stand out.There are some new owner-occupied segments with people who share motivating factors for selling their home.Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.
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9 April 2019 | 14 replies
My initial suspicion is that Yardi is measuring those several thousand rent rates listed in the upper 100s lower 1000s as individual units as opposed to the combined units they make up, which would explain the abysmal 8.8% drop in rental rate that I simply am not seeing.I may stand to be corrected if the area researchers for YM account for that and determine how many of those listed rent rates are in a unit, but I could definitely see it being due to the speed at which they are having to collect all of the data for each market.Do we have anyone from Yardi Matrix on the forums that would have some more insight on this?