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8 November 2024 | 21 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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7 November 2024 | 13 replies
IA will be building, collecting rent & and taking us on virtual or real vacation.
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4 November 2024 | 4 replies
This raises the operational costs for hosts.Compliance with Hotel Occupancy Tax (HOT): STR operators must collect and remit the city’s HOT (9% for San Antonio and 1.75% for Bexar County).
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31 October 2024 | 2 replies
Orlando has always been a great market to invest in for both LTR and STR but why is now the optimal time?
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31 October 2024 | 0 replies
If the keyword intent is solid, the ad is well-crafted, the landing page is optimized, and the acquisition process is smooth, then the rest is just statistics.The main takeaway here is that you need to measure contract closures per keyword.
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7 November 2024 | 18 replies
It was obvious he valued the upfront fee more than the potential of a real partnership where we could collectively earn substantial profits (hundreds of thousands of dollars vs 10k) in a matter of weeks.
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5 November 2024 | 17 replies
No rent can be collected during the UD action.
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31 October 2024 | 0 replies
Visibility drives clickability, and not using the full length of the ad to add keywords and business-related details is a missed opportunity when you’re fighting for every click in Google Ads.Conclusion:If you know you want to get off-market seller leads from Google, and already committed the budget for it, make sure your ads are optimal and that your keyword selection will not cause you to appear on ones that will waste you time and money.The Google Ads landscape is fiercely competitive in today’s market, demanding an investment of several thousand dollars per month to gain meaningful traction.
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5 November 2024 | 28 replies
Next you want to form an LLC that will serve as the management company for your LLC and perform duties including rent collections and sign all contracts on behalf of the business.
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3 November 2024 | 3 replies
Quote from @Brandon Weis: As a property manager, I know we do a lot more than collect rent and post notices: Move-In and Move-Out InspectionsProperty ShowingsRoutine InspectionsTenant Screening and InterviewsMaintenance and RepairsVendor ManagementHandling EmergenciesNeighborhood RelationsLease Violation ManagementCurb Appeal and Landscaping ChecksI opened in a new market (just 30 miles away) about six years ago.