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1 August 2020 | 61 replies
I bought it because any owner could have daily use of the indoor pool, play areas, hiking trails, etc.
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27 May 2020 | 7 replies
Yes the daily news about audits of the PPP program and long term tainting of one's business who got PPP is an interesting issue and damned if you do and damned if you don't situation.
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7 June 2020 | 3 replies
That's a great start and I am doing the same as a new investor, building daily habits that will make me a successful investor.
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28 May 2020 | 23 replies
Here is what I've come up with:Net income - 3 times the monthly rentIncome stability - at least 12 months with same source of incomeAssets - 5 times monthly rent (bank accounts & automobile equity)Credit - established, nothing negative; FICO score of 620 or betterCredit cards - at least 1 major credit cardChecking account - establishedRent punctuality - prompt, never latePets - small pets negotiable (large pets not allowed)Waterbeds - not allowedVehicles - two automobiles allowed, no motorcycles louder than an automobileCurrent & former landlord’s recommendations - goodPersonal recommendations - one available (preferably local)Number of tenants - maximum of 2 in 1 bedroom apartment, maximum of 3 in 2 bedroom apartmentAttitude - cooperativeSmoking - not allowedDrinking - in moderation (maximum of two drinks daily)Illegal drug usage - not allowedPermanence - at least 12 months in each of the last two residencesCleanliness - average (or better)Interest in the dwelling - average to high (willing to pay more in rent than asked)We're using a google form to pre-screen interested tenants and I've just updated it to essentially touch on all of these standards.
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26 May 2020 | 13 replies
If you look at it from a guest perspective, hotels might be a preferred option due to professional cleaning staff and high housekeeping standards (we are talking about 4-5 star hotels, based on the daily rate of $270).
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28 May 2020 | 3 replies
I’m just extremely intrigued by the idea of having a high volume of units that produce monthly income and I like the overall structure and efficiency of the BRRRR method and the fact that it requires you to be proficient in several areas, if that makes sense.
4 June 2020 | 6 replies
I review surveys daily in connection with my work and essentially any fence installed without a boundary survey creates title problems which the parties either resolve before settlement or the buyer absorbs.
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5 June 2020 | 7 replies
This truly helped me understand what a good deal would look like.Even if you don't have the money now, still watch were you spend it and keep and idea on how you can lower your expenses.Analyze deals daily and once you have the money.
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7 June 2020 | 24 replies
I've worked concrete and have been exhausted pushing around mud that was 1/10th the volume of this.
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9 June 2020 | 13 replies
I was getting increasingly exasperated with the literally DAILY mistakes that I would report back to then and they we went into a negative feedback loop and ultimately a death spiral where the fixes to the mistakes added new mistakes.