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27 December 2024 | 8 replies
"I actually think renting a place will get me started"If you are talking about being a tenant yourself and operating a airbnb in your rental apartment don't hold your breath.
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28 December 2024 | 3 replies
I'm paying about 2k/month in JUST INTEREST. it brings in about $1300 and I live there with 2 roommates and operate my business out of it.
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13 December 2024 | 5 replies
We have an accountant with a chart of accounts to manage everything but I do not see why you need one for operating expenses vs. income.
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25 December 2024 | 12 replies
I'm also concerned about the liability that I might be exposed to here by allowing what appears to be a business to operate out of my rental.
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4 January 2025 | 35 replies
Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.
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30 December 2024 | 20 replies
We own and operate a mid size REI and property management company in Marquette Co. (~300 units or so).
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1 January 2025 | 12 replies
It just might be a different strategy involved.Cash flows through refinance or sale or operating cash flow is the same in my book.
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23 December 2024 | 5 replies
Any good commercial broker is going to trim the expenses down by 10-20% from what they will be for me when I operate the deal.
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21 December 2024 | 8 replies
Yeah, I've tried relying on organic social media posts to connect with motivated sellers, but it’s honestly hit or miss.
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23 December 2024 | 3 replies
There is a lot of inventory in Jersey City, so compared to the rest of the state, there are opportunities there for good STR operators.