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26 May 2024 | 102 replies
THere're lot of hotel syndications that after pushing for any capital call, it is still going for bankruptcy.I would expect lot more of story into 2024 would be similar like this.
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23 May 2024 | 10 replies
Pushing rents is one of the unfortunate parts of being a housing provider.
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20 May 2024 | 1 reply
I don’t want to put the money in to rehabbing it for sale as it would pretty much be a wash if I just sold it as is in the current condition as a fixer upper.
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23 May 2024 | 11 replies
I wonder if it has anything to do with airbnb's push to promote this profile as a new listing on their platform?
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22 May 2024 | 1 reply
What I know about this house is that there should be no mortgage (messaged realtor to verify), last sold for $60k in 2004.Rent in my area; $1,200 is usually pushing it but doable.https://www.realtor.com/realestateandhomes-detail/200-Walnut...At the end of the day, I love the idea of seller financing but I have many more questions when it comes to different types of properties that might be mortgaged and how does one pay the monthly payments on top of paying the equity to the seller at the same time.
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22 May 2024 | 10 replies
I am pushing on in Orlando.
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24 May 2024 | 259 replies
They are making a big push to be "mobility" focused with a lot of investments around that and attracting companies and startups.
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21 May 2024 | 11 replies
I'd recommend pushing density to 3 or 4 they all finance the same. we picked 3 because of the 35' height allowance in our area. here is a rendering to help paint the picture. our target appraisal value is 550k on the first few and pushing them to more than 600k as we sell some or keep them but if you are the only one building multifamily it's important to highlight the importance of appraisal and selling or disposing of some assets to create comparable to be used. our market has very little 2-4 units built because of economies of scale we are the only builder doing this style and we control the full process and it is a high barrier to entry where we are at. we are able to build at a lower cost now than almost buying a duplex because they are so small. each one is 668 sq ft total of 2004 sq ft.
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20 May 2024 | 13 replies
If you use the search function, there are a number of threads on this.Pros-you can rent by the room and make more moneyCons-students are often less experienced at living on their own and may do things that result in repairs (eg wrong soap in dishwasher), higher turnover, more calls to deal with things, higher chance of parties.If you do it, you may want to get a cleaner in once a week to clean common areas (students clean their own rooms and keep the place tidy, wash their own dishes) and you will need to get someone in to take care of the yard.
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22 May 2024 | 48 replies
We're interviewing tenants now, and are pushing rents above the modeled amount.