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20 September 2017 | 32 replies
Sounds to me like your first move should be to sell your NJ rental and invest the proceeds somewhere more profitable.
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9 October 2017 | 16 replies
There were 3 major things I needed done that were freaking me out (one being the rear door was just plywood because the back door was in the middle of being reframed) and I was looking at the Maryland Home Improvement Commission's complaint form.
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6 September 2017 | 5 replies
I'd recommend keeping it simple, clear, and unemotional and enforce the lease or you will burn out or not make any profit.
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5 September 2017 | 4 replies
I am looking at a park that is pretty awful, which too me is exciting because I see lots of potential to take this poorly maintained commercial property and polish it up for some killer profit.
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4 September 2017 | 1 reply
I am a young 26 year old college student, who is a finance major, with about $500 to start with.
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10 September 2017 | 4 replies
Hopefully I have a little better luck here.My current employer offers an exceptional benefit through PST, or our profit-sharing trust, program.
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12 September 2017 | 6 replies
One of your major obstacles here may be your level of MF experience.
25 October 2017 | 3 replies
But that’s not to say you can’t do the deal..Instead of going the hard way, I recommend an easier, more profitable path.
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22 September 2017 | 23 replies
See BP Podcast 229 for more information.If I were in your shoes, and depending upon how good the friendship was, I would ask her for a portion of the profits she's made thus far, since you gave her a "friend's rate" on the rental and she's technically violating the lease, it's only fair.However, since you think she's not going to be honest about what profit she's made, I would assume you really aren't very good friends, just very old acquaintances.Regardless, I would terminate her lease at your earliest opportunity and begin short term renting it yourself.
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9 September 2017 | 9 replies
The thing about short term is you can usually command much higher rents, however, even just a few days of vacancy can wipe out your profits and I saw large SFHs sit vacant much more often than smaller apartments/condos.