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4 October 2024 | 9 replies
However, the short-term rental market comes with added complexities like managing turnover, dealing with seasonality, and ensuring you comply with local regulations.
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2 October 2024 | 8 replies
I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.
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3 October 2024 | 8 replies
Here's the latest piece I found on Jackson County suing to undo the court order finding the assessments were illegal: https://www.kansascity.com/news/local/article291980175.htmlYou can also check out some of the local news stations like fox4kc.com and KCTV5.com to keep up to date on what's happening with it.
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3 October 2024 | 3 replies
All I have so far is a money judgment from the courts in an effort to recuperate some of the money through wage garnishment.
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2 October 2024 | 0 replies
With a reliable power team by your side, you'll be well-equipped to handle the complexities of real estate transactions and achieve your goals.
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28 September 2024 | 5 replies
I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter.
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1 October 2024 | 2 replies
Most of them don’t qualify, but often they are not going to tell you the truth – you have to figure it out through your screening process.Evictions for Cause and for Non-Payment: The frequency of needing court filings and eviction proceedings is higher than any other property I’ve ever managed.
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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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2 October 2024 | 6 replies
Yes, look at properties in Galveston, 6102 Sea Wall Blvd, Galveston, this complex allows STR's, we can do STR no seasoning DSCR loans if you are interested.
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1 October 2024 | 1 reply
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.