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28 May 2024 | 1 reply
Market Supply remains relatively flat matching listing inventory indicating a stable buyer’s pool.
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29 May 2024 | 36 replies
This would make such a guarantee pretty much worthless as an indicator of the future occupancy rate.Also, I'd personally never buy properties with hotel management for reasons I already mentioned but I'm sure some investors like and look for that kind of properties.While there is only one set of facts, we can have different opinions and it's good that way.
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29 May 2024 | 12 replies
It is my belief that jurisdictions that are applying rent control to existing units that are over 15 years are mis applying the rule and I base my opinion on 1) what senator wienkowski has indicated 2) the rational of the 15 year exemption (to not discourage adding units).
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28 May 2024 | 9 replies
My BIGGEST concern is that your here asking this question, that indicates to me that your NOT experienced in this segment and that's a dangerous thing.
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28 May 2024 | 2 replies
Second, it emphasized the importance of asking the correct questions and paying attention to subtle indications during property visits.
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27 May 2024 | 0 replies
Market Supply indicates that buyer activity remains constant as the supply tracks the listing inventory near 1 for 1.
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28 May 2024 | 7 replies
A high number of available rentals in an area can indicate oversaturation, which might lead to increased competition among landlords and potentially lower rental prices.
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29 May 2024 | 16 replies
This tenant has given every indication that they can’t resist from the continued sniping and repeated communication issues so I’m sure the warning will show signs of good faith that I tried to make the situation work and she did not comply.
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27 May 2024 | 0 replies
This will be a metric to watch as the year continues as one of the indicators for buyer competition.
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27 May 2024 | 9 replies
Recommend requesting the seller’s existing ALTA Survey, building plans & floor plans, site map, seller’s prior Phase 1 & environmental reports (easy for them to ask lender for copy), full rent roll detail (including renovated/classic unit indications by unit, sqfts, building #’s, full detail), aged receivables report (will allow you to identify hidden delinquency / bad debt yet to be reflected in T12’s), general ledgers / capex ledgers back at least 3 years to ID major capital projects or damage that wasn’t disclosed initially.