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28 February 2024 | 19 replies
.: I would highly suggest buying an existing community, it is almost always easier and more profitable unless you know what you're doing. logan the issue on the West coast is parks are treated like investment grade props and sell at a very low cap rate even in this interest rate environment.
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26 February 2024 | 9 replies
Advise the tenant that you will handle the replacement of the fixture, but thank them for offering and ask them for a link to the $40 option.
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28 February 2024 | 2 replies
We have another property with CMHA and havent had any of these issues.
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28 February 2024 | 5 replies
So if they had a 25% cap and were at 25%, then you are out of luck.With that aside, you also have to check with building department as sometimes they may not allow permits to be issued for some of these conversions as they do not meet code.
29 February 2024 | 5 replies
I'm originally from San Francisco and ran into the same issue.
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28 February 2024 | 3 replies
If not, could risk constructive receipt issues.
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27 February 2024 | 3 replies
Link to volume 2:https://store.biggerpockets.com/products/the-multifamily-millionaire-volume-iiI don't know for sure how much is in there around underwriting....
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26 February 2024 | 32 replies
All is clear, investor understands and is satisfied 👍)5) Investor is sent our FAQ link for the second time along with a link to hundreds of YouTube video's on our channel (We have been in business for 10+ years and have heard every question asked so there is almost no question that we haven't already answered via the auto email sequence, the content on our website, pre-qualification emails, during the investor on-boarding and during the intro call with Engelo).6) Investor promptly signs refundable deposit agreement (All good so far, right?).
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28 February 2024 | 2 replies
Congratulations on your recent investment.Moving new residents is a perfect opportunity to form rapport and set the stage for how your landlord/tenant relationship will proceed.We love to meet them at the property on or before move-in day to go over a couple critical items:We walk the home together and address any existing cosmetic issues and any open maintenance items.
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25 February 2024 | 3 replies
I’m a handyman and I work with a few rental properties and do some projects that range to the small stuff like hanging doors, repair trim and drywall to new flooring installs, painting, appliance repair, yard work and repairing your usual leaky faucet..The issue I’m having currently is I have just gotten into contact a couple days ago about a flooring job.