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I am preparing a rent increase letter, and figured that I will increase by 3% (currently $1500/mo).
I know large complexes (especially those run by REITs) usually increase by a round number of $100 on a $1500-1600/mo ...
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Hi, all. I'm brand-new to this whole thing, and am about to buy a pair of properties that will require a total of $15K work done.Property A needs a new roof and some other work. Probably to the tune of $10K. This work...
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As an investor, after you reached your 1st year owning your rental properties, did any of you keep your rent the same, or increase it? What's the smartest decision, why or why not?
Thanks for your time,
Rhea
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What is considered a good monthly commission on gross monthly collections from the company providing equipment for my laundry rooms? They are putting in four brand new frontload washers and dryers. I am signing a fiv...
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So this 'apartment building' in my market has been for sale for about 6 months now and it's very peculiar. Quick roundup, get ready for this:
18 units (going from studios to huge luxury lofts) spread over th...
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I wanted advice on how to approach my LTR in Durham, NC that is underperforming and struggling to rent.
I have a 2 Bedroom 1 Bathroom 800 SQ. FT property located in Colonial Village in Durham, NC. This is a brand n...
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I have a couple questions hopefully someone on here can answer one or both.
1. I recently sold a house that had a first and a second note I made to the buyer. The second was due and she paid off the principal howev...
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Looking into the option of installing a pay to use (coin/card) washer / dryer in a 6 unit multifamily. This could potentially add monthly income, but also be a benefit and convenience for tenants.Investigating machin...
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After I spent all my money I had saved to invest in a "turnkey" duplex as by first deal, I was left broke once again with no money for my next deal. Obviously I was not as educated as I thought I was. I began to read ...
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Hi all investors:I need your expertise on 1031 exchange which I have not done before. We have 3 properties in Dallas which have come to a point that the cash flow is minimal due to huge increase in property taxes and...