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17 September 2024 | 68 replies
Previously, we used to secure apartments with 70% or more leverage, but now that's dropped to around 50% as the max that the capital markets can go.
9 September 2024 | 2 replies
The unemployment rate dropped from 4.3% to 4.2%.
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10 September 2024 | 1 reply
So that I find out doing my own calls to find out why the offers was denied even was just so close from asking price and Im willing to go with second offer, I found out that the place has reserve litigation issue and my agent who I rely on and keep emphasizing how we need to work smart dropped the ball again on me and didn't due enough diligence even he claims he knows how to do property searches etc etc which made me feel its an extra that he has, it was very sample to just ask the listing agent so not to waste my time neither his sending unnecessary contracts...
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11 September 2024 | 6 replies
PM drops me because the property is a pain.
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11 September 2024 | 10 replies
Use that money to invest before you sell the condo.The Chicago market isn't dropping anytime soon...inventory is still DRASTICALLY LOW and rates are still high.
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10 September 2024 | 14 replies
There are places high on the list that I wouldn't drop a dime in and places that no one posts about that are great.The bottom line is this is a list based on simple metrics.
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10 September 2024 | 2 replies
Inspector that came to verify the work indicated that the double ground was not necessary because it was double grounded at the electrical drop.
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10 September 2024 | 10 replies
Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!
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13 September 2024 | 20 replies
Looking ahead and being aware of opportunities vs behind/above waiting for another shoe to drop.
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9 September 2024 | 12 replies
The assumption is that I would re-fi to a conventional loan when (if) rates drop in the next 5 years.