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12 March 2024 | 5 replies
.- Condos are typically closer to very busy areas like city centers (while single family and multi-family are further away / in suburbs) which, in the case of a buy-hold-rent strategy, means that the investor will have more traffic / demand.- Smaller properties are usually easier to off-load (more liquid) because our society is seeing very high levels of migration (people travelling or moving for work constantly) / people less inclined to partner / have families / people more focused on work / and pied-a-terre concept.- Condos are much easier to maintain internally than larger homes.- Condos are easier to manage as Air B&B than larger homes.- In the case of multi-family properties, sharing a home with two or three other families where everyone knows everyone can create issues if they don't get along as the close proximity doesn't allow for any privacy.Happy to connect with you and speak in more detail if you are interested in Massachusetts!
12 March 2024 | 8 replies
Apologies, I'm new to this.This will be my first home and I will be doing house hacking for a year or two with hopes of renting it out thereafter.The townhome is a new construction located in Middle Tennessee, about 40 min from Nashville and is located not too far from the town center.
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10 March 2024 | 0 replies
Grocery-anchored neighborhood centers, on the other hand, are highly sought after and often command cap rates in the 6% to 7% range, with better quality assets pushing well into the 5% region.For example, institutional investment manager Nuveen acquired Peachtree Crossing in Atlanta for $21.8 million, or $270/SF, in January 2024.
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11 March 2024 | 36 replies
What most are unaware of is the Federal Law Enforcement Training Center (FLETC) on the mainland in Brunswick.
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11 March 2024 | 10 replies
If you're looking for less management intensive multi families that will be a better hedge against inflation, but may not produce much in the terms of cash flow, look at the Class A & B areas of Sacramento, for example, Midtown, Downtown, East Sac, Med Center, etc.
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12 March 2024 | 105 replies
It could be a great way to rehabilitate great city centers of bygone eras.I've known a lot of immigrants who've come by crossing the boarder.
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10 March 2024 | 0 replies
The transaction signifies a growing trend of industrial investors acquiring shallow-bay product in established locations to avoid competition with the growing supply of distribution centers hitting the market.In the same month, Terreno Realty (NYSE: TRNO) acquired a two-tenant, 112,363-square-foot shipment facility in Redondo Beach, CA, from Link Logistics, a subsidiary of Blackstone.
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9 March 2024 | 10 replies
The land is an out parcel with direct access from a shopping center that incudes tenants like CVS, Publix, Family Dollar, Marathon oil etc.
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11 March 2024 | 19 replies
.- Robert-Lee don't buy in rural anywhere. property values are lower, rental interest is lower, new construction comps are harder to come by. we build in Columbus Ohio and the things I look for are subdivisions within 5 miles from a large builder delivering at least 2 homes a month or more, 30 miles or less to the city center, public utilities, no flood plain, etc.
9 March 2024 | 14 replies
What area in Center City did you believe was "barren"?