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27 March 2024 | 0 replies
And here's why:Key Takeaways:1) The market is following the original year-over-year appreciation trendline from 2014 upwards, indicating sustained growth and stability.2) Supply issues in Reno's housing market are once again in focus, emphasizing the need for strategic solutions to address housing shortages.3) Exciting developments, like Tesla's massive expansion to manufacture electric semi-trucks in Northern Nevada, will further strain housing availability, signaling continued demand.4) With increased home prices, we anticipate a ripple effect on rental markets in both single-family and multifamily sectors, driving up rents due to housing unaffordability.For California investors in San Francisco, Oakland, San Jose, Sacramento the proximity of Reno and stability of investments are attractive.
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27 March 2024 | 6 replies
I would have to do a 5% conventional loan to avoid the self sustainable test required for an FHA loan.
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26 March 2024 | 6 replies
This is out of an article that should help you get your research started: A taxpayer may not deduct losses sustained in the demolition of buildings and their structural components.
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26 March 2024 | 0 replies
Each sale in Palm Beach signifies more than a deal; it embodies the timeless charm of the community.The dollar volume continued to demonstrate ambition and determination underscoring the enduring strength of Palm Beachs real estate industry.Amidst all activities Palm Beachs townhomes and condos market sustained its position strongly with 94% of the list price received—a testament, to their pursuit of excellence.Time the quiet orchestrator of lifes melody appeared to move in harmony, with Palm Beachs rhythm.
25 March 2024 | 2 replies
Agents will continue dropping out of course, there have been more agents than listings in the last few years and that's not sustainable, but probably more will drop out due to the lack of inventory than the NAR settlement.
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26 March 2024 | 5 replies
An important point is to use the same criteria for everyone and ask the same questions in the same manner.
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26 March 2024 | 5 replies
There isn't a one-size-fits-all solution as you mention, but I would be sure that this is something that you see as sustainable due to the substantial up-front investment that it requires from the outlay.
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25 March 2024 | 4 replies
With rentals in NC, FL and MO - I'm less concerned with market and more with sustainability with property management.
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26 March 2024 | 11 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.
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25 March 2024 | 7 replies
Luckily, the goal of these OOS STR's is solely for the purpose of having a vacation home that can sustain itself and not cost us money out of pocket each month.