Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
Zillow has an easy application for them to fill out. it come back with a credit score and background info.
Alexander Szikla
Rockson Advisory’s Year In Review: Thriving on the Real Estate Rollercoaster into 202
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.
Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
Your partner is right there if you need to fill in for an absent cleaner or resolve a guest issue.
John Burtle
Building my first spec home!
22 January 2025 | 28 replies
In fill lots with no hair on them 9 to 12 months start to finish My 90 lot project about 5 years from dirt to completion.
Marcos Carbi
Advice Needed: Long-Term Tenants Behind on Rent – How to Handle?
18 January 2025 | 8 replies
But if they don’t even bother to fill out the forms to apply, or get a basic job to make ends meet, or borrow money from family or friends/ somebody else besides you, then they can’t stay.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
This can range from minor exaggerations to outright lies about employment, income, rental history, or identity.Key Signs of Potential Fraud:Inconsistencies in Documentation: Discrepancies between the documents provided and the information filled out in the application form can be a red flag.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
It’s an area filled with short-term rental properties owned by a mix of out-of-town hosts and locals, but I know the advice here can apply to hosts and managers across the country!
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
29 January 2025 | 33 replies
Explicitly tell them what you're paying for it so you can get the exact number.Also, we do a 25% property tax relief in SC under the ATI bill - so if you fill out that form, you will get a reduction for 5 years.Info below:ATI Real Property Tax ExemptionSouth Carolina law now allows a partial exemption from taxation of up to 25% of an “ATI fair market value” that is the result of anAssessable Transfer of Interest.
Anirudh Reddy
Who can claim interest paid on a seller finance property?
28 January 2025 | 15 replies
It's very easy to make one tiny, minor assumption to fill in an unknown that completely changes the context and consequently the answer - I've caught myself doing this a few times.As far as the legal responsibility for the debt goes with Subject To, my guess would be that the contract basically provides a pathway for the seller to pursue the buyer for recourse related to losses they suffer from the default of the original loan, like a form of indemnification, but does not absolve the seller of responsibility for the debt.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
You're then stuck in a cycle of offering concessions every year to fill your building because you were too ambitious during underwriting.