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29 March 2020 | 12 replies
Hello BiggerPockets!I am a fairly new investor from Illinois. I want to connect with other investors from different markets that I am interested in getting started in. My main goal is to develop a portfolio of renta...
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9 April 2020 | 14 replies
One of the other questions I was hoping to get some inputs from this community is whether detecting some contaminants in soil and air is common or not for auto service properties.
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14 April 2020 | 21 replies
If I had to guess, I'd say referral is the most common way people find their agents.
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27 March 2020 | 7 replies
For maintenance requests, a handyman can be provided a temporary code, perform the repair, and leave without needing the door opened for them.This is also a common strategy with short term rentals (i.e.
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24 April 2020 | 17 replies
I had one recently that I couldn't clear with a snake, chemicals & water pressure etc.
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27 March 2020 | 4 replies
This is a common calculation investors use, but should not be the only one taken into consideration.
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29 March 2020 | 5 replies
If you’re not in the area often then yes, long term rentals may provide more stability for you.Either way, I do recommend that you buy based on reasonable long-term rent #s, not AirBNB #s, since you may not be able to do AirBNB if you’re not actively living in the property.As far as $2500-$3000 per month, if you mean gross rents then yes I think that’s do-able if you have decent-sized and -condition units and especially if you have 3 units with at least 2 beds per unit.Management fees are usually a percentage of collected rents, which is probably also true in NYC. 10% is “common” but some property managers may charge more or less depending on what services they offer, how many units they’d be managing for you (think quantity discount) and what you can negotiate.
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29 March 2020 | 7 replies
Nick Myerhoff - agentConventus - LenderOpus Bank - refiI started a Bay Area Apartment Mastermind Group to answer some of the commonly asked questions + like minded folkshttps://www.facebook.com/groups/learningapartments
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28 March 2020 | 52 replies
Airbnb conveniently and commonly tells guests to take the fees and nightly rates up with the hosts and that the hosts has the money and to repay them directly.
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27 March 2020 | 4 replies
While my husband and I were looking for houses to purchase last year, most of the issues were common with the fixer/turnkey homes that were older.