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4 October 2024 | 15 replies
That was one of the attractive points for me, since several other deals I joined in the last few years have had capital calls due to increased debt costs.One concern I have is that, while they claim vacancy at the property is 7%, I see quite a few listings on apartments.com for the complex that indicate a higher number.
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29 September 2024 | 13 replies
Your focus on an arbitrary unit count isn't indicative of success and can lead to bad investment decisions.
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2 October 2024 | 6 replies
This approach avoids any specific mention of what you found and keeps the denial grounded in general terms, which helps minimize the chance of confrontation or claims of discrimination.3.
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2 October 2024 | 4 replies
Ideally, they should offer you a dashboard or portal where you can easily track performance and minimize the need for back-and-forth communication.In your case, where revenue has dropped despite heavy investment, the marketing and revenue management piece feels particularly critical.
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2 October 2024 | 6 replies
Hi Xiang - Having a reliable lender by your side from start to finish is essential for a smooth process, minimizing surprises—whether it’s ARV or something else down the road.
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7 October 2024 | 35 replies
A year ago, in San Jose, assuming the unit needed a quick clean and minimal maintenance, most of my units were re-leasing in less than a week.
30 September 2024 | 3 replies
What if people are interested and qualify and never indicate that they even need to see the place in person before willing to sign a lease?
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30 September 2024 | 0 replies
Most of my detectors, maybe all, do not have a visual indicator for the hearing impaired.
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1 October 2024 | 0 replies
Now, let's break that down…- A median single family home is $543,000 (up 2% from last year)- A median townhome is $377,000 (Down 5% from last month so appreciation has slowed down significantly here: https://tmls.stats.10kresearch.com/infoserv/s-v1/IFbq-ZfR)More quick stats:- Homes went for 1% under asking, indicative of a less competitive market typical of fall- ⅓ of homes experienced at least one price drop- Homes sat about 21 days on market- Sellers has 10 showings before going pending- There are about 3,100 homes for sale, which is up 10% over last yearWe continue to see more options to choose from, more flexibility from sellers, and cyclical dips in prices across the board.
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2 October 2024 | 19 replies
The goal is to assign contracts to investors while highlighting the potential for growth and earning assignment fees.Goal 3: House Hacking (Florida)In Florida, I’d like to purchase a duplex or multifamily property, live in one unit, and rent out the others to reduce or eliminate my mortgage, allowing me to enter the market with minimal living expenses.Goal 4: Buy and Hold or Wholesale (Florida)For my second Florida goal, I’m deciding between buying and holding properties in developing areas (similar to Texas) or wholesaling properties in areas with high rental demand.Looking for Feedback:•Are these goals realistic given current market trends in Texas and Florida?