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29 October 2024 | 11 replies
In my experience within my market, Craigslist is effectively full of scam listings.
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29 October 2024 | 15 replies
(I’ve increased rent between 3-5% in 2023 and another increase goes into effect October 2024)I’ll do whatever I can to lower the taxes but if I can’t, I may have to increase everyone’s rent by another $200 to $1400.
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26 October 2024 | 2 replies
Hello @Aaron Maxwell,Calling is more time consuming but more cost effective.
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27 October 2024 | 13 replies
It felt like a waste of time and money.
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30 October 2024 | 4 replies
The latter is where most of the evictions happen.In his 20s, Torres lived hard in Las Vegas, sometimes sleeping in his van while working gigs in hazardous waste management.
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28 October 2024 | 7 replies
Whether you own a single rental property or manage a portfolio of multifamily units, effective property management can be the difference between success and failure in real estate.What is Property Management?
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26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.
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26 October 2024 | 1 reply
So the effect is a confiscation of private property and a transfer of the property for no cost from the landlord to the tenant.
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26 October 2024 | 6 replies
Hi Kyle,This is the most common question I get asked.Don't waste your time because nobody in their right mind is going to fund 100% of your project.In order to get into new deals, build, buy, flip etc. you need to have some skin in the game.A bridge loan to get the cash out of the property on the market is possible, that can then help get you the cash needed and start this new build.
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29 October 2024 | 12 replies
Many reasons: to encourage/discourage certain economic behavior, to appease a certain industry lobby or some fellow lawmakers or even sometimes a private individual, to buy votes, to balance economic effects of a new law, as well as simply out of incompetence of our lawmakers.