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Howdy gang!I have a 100 year old house in NY. After draining the hot water radiator system over the summer to replace a number of values, I was able to represurize the system without leaks.Once the heat started being...
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My husband and I are purchasing our first investment house, which we plan to rent out immediately. Trying to understand the best route for us just getting into the game....STR vs LTR. We do not live in the city that t...
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I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...
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I've researched attempting to locate data. So far, it's all predictive analysis. I want to hear from the actual STR operators, how has your business been impacted since March 2022 when the market shifted until now? In...
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I am doing a rehab an older house that will be a rental when it is finished and I was wondering, has anyone put an instant water heater in a rental? I have had the electrical upgraded and added a second bathroom to ma...
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Let's not get into politics but since we're all like minded-ish investors, read this and let us know what do you think of forcing market changes, area changes, affordability, excessive taxing etc?https://theweek.com/s...
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Midwestern markets are like football teams. Many people have an irrational attachment to them. Even if the population is declining, jobs are disappearing, and the city is mismanaged, they still advocate for them. So, ...
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I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story:
- Not following through with business plans
- La...
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I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
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Starting last summer I knew that I wanted to do real estate for the rest of my life so within a few months, I gathered every penny I could find and bought my first home which I am currently house hacking; I was instan...