14 June 2024 | 10 replies
Refi's typically have a slightly higher interest rate than a new home purchase.
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15 June 2024 | 6 replies
I would also like to take advantage of forced appreciation through rehabs to create equity with each purchase.
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13 June 2024 | 9 replies
They undergo regular training and stay updated with industry trends, laws, and best practices, ensuring high-quality service.Access to ResourcesNARPM provides its members with educational programs, legal updates, and networking opportunities, enabling property managers to handle any situation effectively and offer informed advice.Efficient Tenant ManagementNARPM property managers excel in tenant relations, from screening and lease agreements to conflict resolution and evictions, ensuring stable rental income and minimized vacancies.Legal ComplianceNARPM property managers are knowledgeable about landlord-tenant laws and regulations, ensuring compliance and protecting you from legal issues.Maintenance and RepairsNARPM managers have reliable contractor relationships, ensuring timely and cost-effective maintenance and repairs, along with regular property inspections.Time and Stress ManagementBy hiring a NARPM member, you delegate daily management tasks to a professional, saving time and reducing stress.Financial ManagementNARPM property managers handle rent collection, accounting, and financial reporting, providing detailed and accurate financial statements for informed decision-making.Marketing and Leasing ExpertiseNARPM managers use proven marketing techniques and platforms to attract and retain tenants, ensuring quick rentals at optimal rates.ConclusionChoosing a property manager is crucial for any landlord.
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15 June 2024 | 1 reply
In exchange I was hoping this could be a learning opportunity to help pave the way and set me on the right track for when the time comes after high school to purchase my first investment property and start the snowball.
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15 June 2024 | 6 replies
So I decided to hold off on purchasing more properties and focus on growing my construction company.
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15 June 2024 | 32 replies
I’m considering purchasing a rental property in Southern New Hampshire due to the more affordable multifamily options compared to Boston.
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12 June 2024 | 8 replies
I finally saved up enough capital to purchase a decent town home or condo in Las Vegas.
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15 June 2024 | 2 replies
(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.
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17 June 2024 | 13 replies
However, if it's the intent of the agent to purchase for their own portfolio it may be a violation of law.
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14 June 2024 | 3 replies
Purchase price: $200,000 Cash invested: $15,000 Sale price: $260,000 Purchased a cosmetic flip, invested about 8k in repairs, and a couple thousand for using a HML, listed on market and received multiple offers all above asking price.