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2 January 2025 | 11 replies
Nonetheless, If you’re short on time, hiring a local attorney who focuses on evictions is definitely a good idea, as the process can be quite tedious.
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1 January 2025 | 3 replies
Once I reached that goal, the drive for the next one felt just as strong.Reminder to enjoy the journey and that it’s not about the destination.Every goal you reach, you will enjoy it for a short time, then be on to the next one.How do you balance striving to do better and for more while understanding that it will never be enough?
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1 January 2025 | 0 replies
This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.
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8 January 2025 | 10 replies
https://www.planning.hawaiicounty.gov/resources/short-term-v... has the details.So with that said, I have had several clients purchase STVRs and have great success.
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29 December 2024 | 11 replies
Understanding STR regulations in a market is an essential "must do" when it comes to evaluating a short term rental.
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4 January 2025 | 12 replies
Long story short, you can, but since you are only targeting investors, your sale price will likely be lower than comps.Talk to a local agent about your local tenant laws and have them review their lease
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25 January 2025 | 155 replies
Quote from @Nate Marshall: Quote from @Robert Short: This is my concern as well.
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10 January 2025 | 20 replies
For more expensive properties you'll be wanting to pay a lower interest rate and doing short/mid term rentals.
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4 January 2025 | 12 replies
My suggestions would be in this order:(a) Determine the type of financing you qualify for - this will short cut the process considerably and save time on investment angles and next steps.
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30 December 2024 | 4 replies
Even if the property is short, a contract with a buyer, even subject to short sale approval, should work.