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10 May 2024 | 10 replies
Is it accurate in terms of finding people's cell phone numbers?
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10 May 2024 | 8 replies
@Kim LeduffOn Tuesday May 14th we're hosting a meetup in LA which will feature a guest speaker, CPA Edward Markaryan, who will be going over Tax Strategies for Short Term Rental owners.
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10 May 2024 | 23 replies
My wife and I got our start buying really rough homes and turning them into long term rentals.
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10 May 2024 | 0 replies
As we reflect on the challenges faced during the financial crises of 2007-2012 and draw parallels to the current market conditions of 2024, one concept stands out: the “Missing Middle.”The term “Missing Middle” refers to the scarcity of housing options between single-family homes and large-scale apartment complexes.
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10 May 2024 | 11 replies
Also find out about simply not renewing their lease and getting them to move if they refuse to follow the terms of the lease.
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11 May 2024 | 25 replies
Even long-term investors will eventually learn that it's easy to buy property, but hard to manage.
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10 May 2024 | 0 replies
Read on to learn about the best and worst home improvement projects in terms of ROI.Top projects with the highest ROISteel entry door replacementReplacing an entry door has always been number one on the list in terms of the best ROI when it comes time to sell.
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10 May 2024 | 7 replies
. - they have 3 local and 3 out of state long term rentals.- the 3 local need a lot of work, she has been cutting rent due to not having updated flooring, appliances, etc.
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10 May 2024 | 3 replies
Going to be listing a new property soon by Lake Winnisquam in NH and Im looking for some recommendations /referrals for photographers & cleaners that specialize in ABnb / vacation rental property listings.Ideally they would have a lot of experience with short term rentals for both since they are much different than residential house cleanings and regular real estate photography for MLS listing.Anything helps!
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10 May 2024 | 7 replies
Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.