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4 April 2024 | 16 replies
It's what they post as FMR, but it's not necessarily a reflection of what you are going to get, I completely agree with you.For fun, I went on rentometer.com because it usually shows good example, and for houses specifically, here's the numbers:1 – 4 Bed Summary1 bed2 bed3 bed4 bedAverage Rent$1,139 ±9%$1,735 ±5%$2,281 ±5%$2,892 ±12%Median Rent$1,000$1,750$2,000$2,67525th – 75th Percentile$901 – 1,376$1,319 – 2,150$1,681 – 2,881$1,987 – 3,79710th – 90th Percentile$687 – 1,590$945 – 2,524$1,142 – 3,420$1,173 – 4,610Standard Deviation$353$616$889$1,341Sample Size11596314Search Radius3.0 mi3.0 mi3.0 mi3.0 miIf would actually like to chat one on one with you to understand why all the FMR are so high in rentometer.com, zillow.com, huduser.gov, CHMA's website and you are telling me they are far from these numbers.
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3 April 2024 | 24 replies
I guess one of the biggest things to consider is how long you plan to be in each specific property.
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4 April 2024 | 14 replies
Best thing to do is you should meet with a real estate attorney to go over the specifics of this deal to come up with the best solution to maximize your returns as well as protect you throughout the transaction.
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3 April 2024 | 4 replies
Let them know - as specifically as possible - what you are trying to achieve.
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3 April 2024 | 3 replies
Wilson - I agree with Kai on using a broker for this specific situation.
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3 April 2024 | 7 replies
Your question is condition and location specific.
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4 April 2024 | 21 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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3 April 2024 | 5 replies
Just curious if you had a specific plan in mind?
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4 April 2024 | 12 replies
And they can only look at the specific work that was done .
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3 April 2024 | 4 replies
@Jonathan Krystinak...I second Orlando, and our area has tons of properties that are designed specifically for for folks who want to spend some time here, and rent them out the rest of the year.