Max
Dually LicensedForum Replies Created
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The Belgium Malanois looks like they are more agile than the German Shepherd dog.
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This is huge. Thank you for sharing. I will go into the website now. Which bureau do they report to?
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Max
MemberNovember 6, 2023 at 12:53 am in reply to: Did The Court Get It Right Ruling Against NAR and the Big Real Estate Brokers?Thanks Wendy. How do you see how the Court’s ruling against NAR affect realtor referring partners for loan officers?
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Point of Sale (POS) refers to the location or system where a customer completes a transaction for goods or services in a retail or business setting. It is the point at which a customer makes a purchase and pays for the items they have selecte6d. The primary purpose of a POS system is to facilitate and record these transactions accurately and efficiently.
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Max
MemberOctober 31, 2023 at 3:02 am in reply to: How Much Per Square Foot is Cost of Construction on Two-to-Four Unit HomesIn Chicago and suburbs cost to build a new construction single family home varies depending on the type of building, materials, and amenities. It costs $212 per square foot to build a house in metro Chicago area and suburbs. However, home-building costs depend on several other factors. These include property type, construction area, labor costs, and material costs. Material costs have been rapidly rising due to skyrocketing inflation and demand for construction materials. Land costs depends widely. Therefore, to build a two thousand square feet home would cost $424,000 plus the cost of land.
- This reply was modified 4 days, 18 hours ago by Gustan.
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Max
MemberOctober 31, 2023 at 2:59 am in reply to: How Much Per Square Foot is Cost of Construction on Two-to-Four Unit HomesA fourplex multi-family building is a residentially zoned building with 4 separate living units. It’s typically 500 – 1,200 square feet, but can be larger depending on the capacity or number of rooms per unit. The average price for building an apartment is $270 per square foot, but it can also range between $70 – $330 per square foot depending on the type of construction and amenities. The land cost varies depending in the area, whether it is urban or rural and can vary from next to nothing to several hundred thousand dollars.
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Congratulations on your run for Congress Dr. Blank. We are in Detroit. Let us know what we need to do to support your Campaign for Congress. NEXA Mortgage has a big presence in the Detroit metropolitan area as well as the state of Michigan
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The decision of whether to rent your investment properties to Section 8 tenants or market rent tenants depends on various factors, including your financial goals, property location, personal preferences, and local market conditions. Here are some considerations for both options:
Section 8 Tenants:
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Guaranteed Income: Section 8 tenants receive rental assistance from the government, which can provide a more stable and reliable source of income for landlords.
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Lower Vacancy Rates: There is typically high demand for Section 8 housing, which can lead to lower vacancy rates.
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Regular Inspections: Section 8 properties may be subject to regular inspections by housing authorities to ensure they meet certain quality standards.
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Income Limits: Section 8 tenants must meet specific income requirements, which could limit your potential tenant pool.
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Rent Limits: Rental rates for Section 8 properties are capped by the local housing authority, which may be lower than market rents in some areas.
Market Rent Tenants:
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Higher Rental Income: Renting to market rate tenants often allows you to charge higher rents, potentially increasing your income.
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More Tenant Options: You have a broader pool of potential tenants to choose from when renting at market rates.
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Greater Control: You have more control over the tenant selection process and property management decisions.
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No Government Regulations: You won’t be subject to the regulations and inspections associated with Section 8 housing.
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Potential Vacancy Risk: Depending on market conditions, you may experience higher vacancy rates between tenants.
Ultimately, the choice between Section 8 and market rent tenants will depend on your investment goals. Some landlords choose a mix of both to diversify their tenant base and income sources. It’s essential to research your local rental market, understand the demand for Section 8 housing, and assess your financial objectives before making a decision. You may also want to consult with local housing authorities and real estate professionals for insights into your specific market. Additionally, consider your willingness and ability to meet the requirements and responsibilities associated with each option, as Section 8 housing may involve additional paperwork and inspections.
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