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10 May 2024 | 7 replies
There is also a large restaurant company here that I have been told needs rentals for a shorter term but pays very well to house staff that they bring in from out of town to work for them during high season.
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8 May 2024 | 26 replies
Should I just post it at the high end estimate and adjust it down?
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9 May 2024 | 4 replies
Without detail, appraisers will tend to assume low-medium quality of materials finishes and the like.
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10 May 2024 | 30 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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10 May 2024 | 7 replies
Costs are also a bit high right now and it’s a substantial investment, likely $1000s per day to run at a scale that would be useful to the community.
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7 May 2024 | 56 replies
You can also find the name in my blog, which is on my website.
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10 May 2024 | 4 replies
price $124k it’s in a resort, highly sought after especially in summer season.
10 May 2024 | 3 replies
It's highly unlikely, if not impossible, to find a traditional lending source to fund the purchase of tax deed property.
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10 May 2024 | 6 replies
I’m seeing that property crime is pretty high and since I’m an out of state investor, I would have a hard time keeping an eye on the ground besides cleaners/handymen between stays.