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21 March 2024 | 8 replies
I HIGHLY recommend paying for a CFO audit & having them set you up first.
20 March 2024 | 11 replies
If it was 1 person cleaner their hourly rate would of been like $30ish ( on the high side). 4.
19 March 2024 | 1 reply
Additionally, It is noteworthy that the seller was a member of the HOA board at the time of obtaining this permit, raising questions about the legitimacy of the process.Though I am not currently residing in the apartment, I took the initiative to rectify the flooring issue in cooperation with the HOA, given the significant disturbance experienced by the current residents due to the subpar quality of the previous labor.Furthermore, short after I bought the unit, I discovered an assessment imposed on the condominium, which I was not informed about prior to purchasing the unit.
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18 March 2024 | 5 replies
There have always been cheaper options for buying/selling using rebate agents or flat fee services but they never took off as a good full time agent paid well enough to be highly focused on your deals has value. 80/20 rule.
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19 March 2024 | 8 replies
I think you have to ask yourself what kind of housing quality do you want as well as th geographic area.
20 March 2024 | 2 replies
These investments have yielded high returns because I bought them foreclosed and fixed them up myself.
19 March 2024 | 5 replies
Cost of construction is high and you may be paying extra to match 2024 building codes rather than a remodel/addition.
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20 March 2024 | 12 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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20 March 2024 | 20 replies
@Brandon Malone the only reason to consider a tenant proposed upgrade is if you were planning to do it at some point anyway (and I am saying consider, not necessarily approve)This isn't something I would do unless of course it is a high end property and there is essentially a chefs kitchen where the expectation would be a gas range.
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19 March 2024 | 7 replies
(Screening quality, fair housing act compliant and non-discrimination) 4) and finally, if you’re splitting the equity you’ll really get 1/2 of the 16 vs 8% downpayment (4%) back when it’s split. (12.5% each.).