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15 December 2021 | 47 replies
If they show up at the scheduled time, have them text you a picture of their driver's license next to the lock.
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10 January 2022 | 11 replies
I'm certainly well versed on what delivers a good return, and I use software to aggregate STR rental bookings to quickly analyze potential properties.I'm thinking of starting a meetup group specifically oriented to this for the purposes of networking in 2022, I'll keep you posted about this.
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18 December 2021 | 65 replies
So, I delivered the notice myself.
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15 December 2021 | 9 replies
I asked my realtor about it and he quickly said he would not recommend it because of the issues of the postal service only having one mailbox there and that it could potentially be illegal to deliver multiple families' mail to one box.
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22 December 2021 | 50 replies
For say sub 5 cap multi family acquisitions what have you generally being seeing as the lead driver to achieving 10%+ CoC returns on compressed cap rates?
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14 December 2021 | 5 replies
Fill it out, add an addendum (like appraisal/home inspection, any particulars) and deliver to the seller.
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29 December 2021 | 3 replies
My contractor and I have only found places that can deliver windows and doors 18 to 24 weeks out.
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15 December 2021 | 8 replies
Some other info:Many OOS investors set themselves up for failure because they don't truly take the time to 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 OOS property Class rankings are usually vastly different than the local market they live in.7) 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.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)
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17 December 2021 | 29 replies
The woman lied and changed her story to say a bus driver was a witness because she was getting on the bus when my dog scared her, but the bus stop is 700 feet from my 7-foot gate.So, people do get sued, but they don't get millions for a bite (not usually).
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21 December 2021 | 19 replies
Many OOS investors set themselves up for failure because they don't truly take the time to 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 OOS property Class rankings are usually vastly different than the local market they live in.7) 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.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)