10 October 2024 | 0 replies
This doesn’t negate the need to check the lines, however.Pay Attention to Pride of OwnershipAmateur repairs—or a lack of repairs—and deferred maintenance are typically the result of a “low pride of ownership.”
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9 October 2024 | 5 replies
If you don't have an agent, for lack of a better term, be a pest and make sure they get those issues taken care of and show them the full formal inspection done, its a NEW house for crying out loud!!
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13 October 2024 | 9 replies
The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.
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10 October 2024 | 3 replies
It's always inspiring to see someone channel their competitive spirit into real estate.
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15 October 2024 | 26 replies
It is an interesting time obviously with an election and rates coming down and potentially a good amount of inventory being built but as the fall and winter come fewer people who put existing homes on the market which reduces competition for those first-time home buyers.
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10 October 2024 | 14 replies
Probably ceiling height, lack of egress or lack of closet space.
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4 October 2024 | 6 replies
With the current housing market being so competitive, how do you see private money lending playing a role in securing properties quickly?
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9 October 2024 | 1 reply
We have a lack of whole sellers in BCS, so if you can find away to get a consistent flow of off market properties, there is money to be made in it.
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11 October 2024 | 13 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
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10 October 2024 | 3 replies
Because these parks are often under the radar, there’s less competition, allowing investors to secure deals at attractive prices.Lastly, mobile home parks are recession-resistant.