
11 September 2024 | 13 replies
Over the long haul in my market I expect rents to rise in line with inflation which I expect to be in the 1-3% range per year.

10 September 2024 | 7 replies
Possible coin machine needed nearby (although most are CC today), additional lighting for added security of both machine and customers.To your point, you do see vending machines in the 200+ unit range, often near or in clubhouse and pool areas.

9 September 2024 | 22 replies
Personally, in Worcester, I think $600Kish is a good range for a 9 bed 3 bath based off the revenue.

8 September 2024 | 0 replies
Here are some data points from the past month:Real Estate UpdateHere's the latest market report (based on single-family homes):Mortgage Rates:30-year conventional rate today is 6.27%30-year VA rate today is 5.69%Median Sales Price:June: $485,000July: $487,483August: $480,000New Listings:June: 1,920July: 2,068August: 2,153Median Days on Market Until Sale:June: 13July: 14August: 16Months Supply of Inventory:June: 2.3July: 2.8August: 2.9What does "Months Supply of Inventory" mean?

10 September 2024 | 10 replies
In most California cities, including BBL, TOT rates can range from 7% to 14%, depending on the local ordinance.

10 September 2024 | 1 reply
The average ROI for adding a bedroom and bathroom ranges from 53% to 75%, depending on various factors.

12 September 2024 | 32 replies
While not as common, these deals are possible in unique situations, especially with motivated sellers.In this high-interest, low-inventory market, it's all about getting creative while managing your risk and time commitment.

20 September 2024 | 114 replies
For the HVAC project, I got 7 quotes ranging from $7K to $30K.

9 September 2024 | 4 replies
Few more points:Their lease is valid till May 2025.This is the first time she even told me about mold.In the email she did ask me to settle the lease.I have a little less than a month of rent as security deposit, which I am ready to settle without any additional penalties for abandoning the property.At this point I am okay with her leaving the place, just I want to get the control of the property back to fix the mold issue.History:1) Recently the AC has been replaced and after that there was some intermittent issue with the installation (temp doesn’t reach target intermittently) and I had to call the tech back 5 times to finally get it resolved.2) Also last month I replaced electric range with Brand new Electric range.3) Two months back she said the refrigerator was leaking, I asked her to send picture of the make and mode of the refrigerator, but I never got a reply back.4) Also for last 4-5 months she has been asking me to send her 5-day notice so that she can claim reimbursement, I was sharing a document and she was paying the rent a little late.

10 September 2024 | 5 replies
We just got off the phone with our broker on a renewal and it is right in that range.