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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
Conde Nast Traveler recently announced their 'Top 10 Trips everyone in the US should add to their bucket list' and it features some impressive vacation regions and activities:- Hot Air Ballooning, New Mexico- Bluegrass Trail, Virginia- Visiting Point Dume Malibu, California- Horseback Riding, Wyoming- Airboat tour Everglades, Florida- Winter expedition cruise, Alaska- Spiral Jetty, Utah- Camping In Acadia National Park, Maine/Rhode Island/Massachusetts - Trekking the Bayou, Louisiana - Wine country, Willamette Valley & Napa Valley Oregon/California
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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.
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1 October 2024 | 12 replies
Wow, this quoting feature is horrible.
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2 October 2024 | 13 replies
I could easily tell you based on where and the property features for the Tampa area for example what your annual projection is and how I would see that breakdown per month.
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1 October 2024 | 8 replies
They will decrease in value because there is always a better complex in an area like that.
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30 September 2024 | 10 replies
I've done two loans with him but none using this feature.