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22 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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2 February 2025 | 20 replies
Unlike most dynamic pricing tools that follow traditional pricing strategies, Nightpricer employs an ADR-based approach, which adjusts pricing based on the actual daily rate trends.
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23 January 2025 | 5 replies
A balanced approach often works best—consider splitting your cash flow between paying down the mortgage and investing in diversified assets.
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22 January 2025 | 7 replies
I know some might disagree.The challenge is if someone applies and meets all your criteria and you reject them, I would hate for you to end up in some legal hot water.
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1 February 2025 | 56 replies
Each of these asset classes requires a deep understanding of market conditions, legal nuances, and financial structuring to avoid costly mistakes.For example, tax liens can seem like easy wins but come with complications such as redemption periods and legal challenges.
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23 January 2025 | 8 replies
I’m looking to access some of the equity in the home to buy out my ex-partner, and my goal is to either convert the house into a multifamily property or add a dwelling unit (ADU).I’d love to hear any advice from the community on the best way to approach this, particularly in terms of financing options, legal considerations, or any similar projects you've completed.
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26 January 2025 | 21 replies
You can have replacement value insurance and this seems to be what Airbnb claims to provide yet sometimes getting them to pay is challenging.
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24 January 2025 | 16 replies
What are your current goals or challenges in real estate?
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18 January 2025 | 1 reply
So, I'm looking to invest in other markets and trying to focus on one or two so that I can build knowledge over time, but narrowing it down is a challenge.
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20 January 2025 | 16 replies
Do you have insights or advice on the costs and challenges of relocating a house?