Devin James
Key takeaways from the Southeast Build-To-Rent Summit
30 October 2024 | 0 replies
Key differentiators include storage space (attic or large closets), EV charging, and accessible backyards (not just an entry from the bedroom).3) Liya Mo - BTR REITS are trading at a premium to MultiFamily REITS, largely due to more exit strategies.
William HooFatt
Allow MTR in Condo HOA Board bylaw change?
30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
David Cheng
What do you qualify as a proof of funds?
4 November 2024 | 34 replies
If a buyer is coming down with a high-down payment and quickly making a large deposit into escrow fighting tooth and nail about proof of funds may be a red herring.Credibility is also a factor here.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
This is an astute observation that distinguishes between "mom and pop" landlords and large operations I can see how economies of scale can help, for example if you have 100 units and two have economic vacancy, it's not the catastrophe of owning a 2 unit and one half goes economically vacant.Nonetheless, is there a reason that small scale operations can't buy at a deep discount while large operations can?
Jace Perry
Searching for 80% to 85% DCSR Lenders
1 November 2024 | 10 replies
Largely depends on the full situation and value, but feel free to reach out if it would be helpful to look at some options.
Devin James
Progression Photos for New Construction Home
30 October 2024 | 3 replies
We couldnt have a large hole in the ground fill up with water that we were going to place a septic tank in.
Ian Smith
Anyone seeing Kensington improving?
31 October 2024 | 8 replies
There is too much competition with large scale construction projects who are offering crazy incentives.
Joseph E.
Nothing but Good Options, (but which one?!)
1 November 2024 | 6 replies
We've seen a large outflow of people from DC into NOVA and I expect this trend to continue.
Ryan Evans
Advice on Duplexes in Cleveland, Ohio
1 November 2024 | 30 replies
The area my properties are in is considered a rough area by many, and I agree to a large extent.
David Sulsh
Anyone have experience leasing Office Space to Edward Jones Investments?
30 October 2024 | 1 reply
Looking to get a sense of what its like to lease to such a large outfit.