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1 March 2024 | 28 replies
If I were to use this company again, I would request not to have her handle my case.
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28 February 2024 | 19 replies
But no laundry your doing brand new homes they will all have laundry right ?
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28 February 2024 | 4 replies
(BP will be the new brand- 10 year lease with BP)Store was heavily dependent on game machine revenue which is 45% in state.
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29 February 2024 | 4 replies
I also agree that the better companies charge 20-25%, so keep that in mind as well.
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29 February 2024 | 1 reply
I’ve thought about Property and Casualty or solar or just prospecting more for my company and trying to produce leads.
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27 February 2024 | 4 replies
Depends on if you tenant still wants to live there after its repaired.Also congrats on a brand new home, insurance will likely build a new one depends on how severe the damage is.
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28 February 2024 | 4 replies
I own/run a property management company and like you, I don't like having potential guests walkthrough our properties unaccompanied.
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2 March 2024 | 43 replies
Check with them if they're using operating partner and/or integrated partner, sometimes stupid issue like property manager can destroy potential investment as well.If you can read company balance sheet or 10K/10Q report, then you may dig dive easily into reading T12.Every Joe during good year can deliver 12% IRR ; but I told you, if you buy duplex on the same year with them, due to long term financing and hgher appreciation of residential asset, you could make 20% IRR above.If you really want syndication, find syndication in industrial space with good sponsor, the volatility in this space is much lower than MF and usually the sponsor is very experienced as well. you can start educating yourself from Aleksey LP education that I shared before, there're few sections there that maybe coming from my idea as well.
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29 February 2024 | 2 replies
BUT to get insurance as a GC you are going to have to jump through some hoops since you dont have a construction company and you are doing a major rehab.
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1 March 2024 | 34 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.