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2 August 2020 | 7 replies
I don’t really have experience with anything less than 3bedroom as I try to attract a larger tenant pool.
5 August 2020 | 6 replies
Your pool of tenants in a town like that is extremely limited.
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8 August 2020 | 14 replies
Now if there is a pool and other amenities, that will increase the rent price.As it is a condo with all utilities included, I would write it up as $1000 with no utilities and then have them pay you for the utilities separately.
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2 August 2020 | 6 replies
As per your second question, I'll quote some information from the Cromford Report:"Using the Intended Use (IU11) chart from Cromford® Public we can see that there was a dramatic change in the mix of transactions during the second quarter of 2020, compared with any previous quarter.Comparing specifically with the second quarter of 2019:Purchases for owner-occupied primary residences increased from 74.6% to 82.7% of all sales across Maricopa and Pinal CountyPurchases of second homes decreased from 10.1% to 8.3% of all salesPurchases by investors dropped from 10.7% to 8.1% of all salesPurchases by iBuyers fell from 3.7% to 0.7% of all salesThe dramatic collapse of iBuyer purchases means they are starting the third quarter of 2020 with much lower inventories than they started the second quarter..Investors were less active during the second quarter of 2020 and cash purchases were lower than normal too - they fell from 21% to 15% of all sales between Q2 2019 and Q2 2020."
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2 August 2020 | 7 replies
It's nice to offer your tenants, a gym, pool, game room lounge, additional security measures, etc.
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2 August 2020 | 2 replies
Don't narrow your pool of qualified responders.
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8 August 2020 | 3 replies
We are having a hard time trying to decide whether to fix or demolish the swimming pool.
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9 August 2020 | 2 replies
I recently started looking for properties to rent as an AirBNB when I came across a 5 BR, 6 Bath property on 5-10 acres that includes a pool, hut tub and large workshop.Renting this property could cover the mortgage (so not quite break even) as a normal rental, but I intended to furnish the property and provide short term rentals through vacation rental platforms that will far exceed normal rental revenue.The property is being sold at a “discount” of about $1MM, but once renovated I do believe this could be at least $1.5-2MM.
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21 September 2020 | 9 replies
I'd actually like to see a pic of the filled-in pool if you don't mind.
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21 August 2020 | 6 replies
In my personal thinking I'm working to base my decisions on the observed past and the probable future, which leads me to believe that the rental market will be unfazed or even benefited from the economic crunch (which should affect the number of people who can purchase, pushing or keeping several more in the renter pool)