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5 December 2024 | 1 reply
But typically impact fees are related to water & wastewater services, or a traffic impact fee.
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9 December 2024 | 16 replies
But this also typically requires existing relationship before they will start bending their "standard" underwriting rules.
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5 December 2024 | 2 replies
However, the approval process can be pretty tough, especially if you're working on a larger project or have a shorter timeline.Private Lenders: These options are typically much faster and more flexible, which is key when scaling development projects.
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6 December 2024 | 45 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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9 December 2024 | 16 replies
I'm only guessing but based on what some of the local project managers were saying is that a typical family of four that was paying for a three bedroom cabin decided they could get by with a one or two bedroom with a loft or a pullout sofa so the demand from the larger ones went up.
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5 December 2024 | 18 replies
You'll typically find that travel nurses want a 13 week term as that is the most common length of their contracts.
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5 December 2024 | 4 replies
I know UTK typically has freshmen in the dorms first year so it may be tricky.
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4 December 2024 | 7 replies
Yes, you should have to pay for them.Blinds typically pop into a clip, so that might be 5 minutes to repair.
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6 December 2024 | 6 replies
What types of properties or investors do you typically partner with?
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7 December 2024 | 11 replies
Another difference is when a PM quits, typically the stakes are pretty low, you just hire another one.