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Hey all, Could use some help from some more experienced folks on the board: A potential client came through Houzz with 3 projects. All three projects are no where near the stage where a contractor should be involved a...
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Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
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Hi all,We are considering shifting our focus more toward STR, like everybody else :) There are a couple of Caribbean islands that are close to our heart, and that we feel reasonably safe starting out in. Questions as ...
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Looking to hire a property management company and these are the fees they are proposing below. What do you think about the new tenant placement fees?
Management Fee (paid monthly):8% of collected rent; minimum fee o...
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As my business keeps growing and growing it is becoming apparent in the near future I will be hiring a full time employee.I have used virtual workers in the past. The rate is cheap but you get what you pay for. Lot's ...
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I apologize if this is in the wrong area.I am wondering if any agents think that floor plans would be helpful to have in house listings? As a buyer, I have always thought floor plans would quickly help me weed out cer...
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Are there Illinois occupancy limits that would require me to cancel a month-to-month lease if the renter's family grows beyond those limits?I have a single family home that has been rented by the same family for a lit...
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Question on commercial multifamily valuation...When I analyze deals, I include Reserves (10%, set aside for CapEx) in the Operating Expenses, which means it is a part of my NOI calculation. That's how I do it internal...
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I'm looking forward to discuss points of view on 2nd and 3rd ranking cities in Portugal. As far as I know, 1st rank cities in Portugal can be counted with the fingers of 1 hand (Lisbon, Porto, Key cities in Algarve). ...
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What kind of interest rates and loan durations can I expect to find with a hard money lender?
I understand they typically run high, but how high? Is there a standard?