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2 December 2024 | 35 replies
I'd look at crime rates and I'd also look at multifamily supply projections to see how many units are expected to come online in the next few years.
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25 November 2024 | 22 replies
Here's the main dashboard that gives a list of all the properties and all the KPI's I was interested in tracking including rent paid in full, occupancy %, # of delinquencies, # of upcoming lease expirations, # of upcoming lease bumps, and if there are any expense questions from the P&L: You can click on any of the properties, and it will take you to the properties Income report.
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23 November 2024 | 3 replies
Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?
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24 November 2024 | 1 reply
The property is off a "main road" that goes through town and it is not a city owned street.
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28 November 2024 | 18 replies
Once they realize the mistake they made they’re too embarrassed to acknowledge this openly so you mainly hear about the cheerful student “success” stories which the next wave of naive victims rely on.
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26 November 2024 | 17 replies
My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.
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22 November 2024 | 7 replies
Some STR hosts have switched to MTR though with the laws so maybe you just have a supply problem there.
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22 November 2024 | 13 replies
I have been sniffing this for a while as well, but more on Main Stree mixed-use.
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27 November 2024 | 13 replies
Supply is lower, interest rates high, and people are locked into there houses.
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27 November 2024 | 13 replies
Landlord laws was the main factor why I chose to invest out of state and have been happy with my decision to do so.