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21 October 2024 | 2 replies
Started to look at available systems.
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28 October 2024 | 30 replies
If it is not set up with systems and people in place to run it you will be mainly selling your book of business.
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24 October 2024 | 6 replies
Hello BP! I currently own a duplex and have a question regarding using RUBS for gas usage. This formula is already in place for water, but here's the issue with gas -- both units use gas heat, however only one unit ...
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28 October 2024 | 6 replies
You will make less per transaction and get less credit, but you will understand all the systems and have clients.
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31 October 2024 | 23 replies
I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.
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28 October 2024 | 2 replies
With builders offering in-house financing as low as 5.5% for investors/second home owners, and warranties on roofs and HVAC systems, I continue to support new construction as a solid choice for LTR buyers.
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5 November 2024 | 34 replies
Hey @Scott Meech - Check out your competition with furnished finder that is where a lot of Medium Turn rentals list their properties.I have a MTR in Chicago that has been decently successful...whatever I have found throughout my entire life and investing career is it is never one property/deal that is a grand slam...Rather, the grand slam is done by hitting many singles and using systems and processes to scale your operation; the combination of scaling and experience in a niche of real estate allows you to hit unlimited grand slams because, unlike baseball, real estate is NOT a zero-sum game.
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27 October 2024 | 13 replies
I find that when most people have a system with their name they just rebranded a system from someone else and found a way to get gullible new people to pay them for it.
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29 October 2024 | 6 replies
Not sure how this helps, but they seem to have a system they like to follow, and their LLCs hold general troughs of investments, i.e. all syndications go in ABC LLC, all direct holdings go in XYZ LLC, etc.From protecting your liability that may arise from an action taken by the syndication, I can't imagine you would create any real protection there.
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28 October 2024 | 15 replies
Whenever economic indicators lead to a confidence in a soft landing, it just prolongs the economic expansion but at the same time builds more systemic risk into the system.