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4 September 2024 | 0 replies
*Lake Anna, Reston Virginia*Originating in 1990, The Reston Town Center is a major employment and entertainment hub in the area, with companies such as Google, Leidos, Facebook, Microsoft, General Dynamics, and Fannie Mae, to name a few, more than 50 retailers, including an 11 screen LOOK Dine-In Cinema, CitySwing (Golf Simulator), a seasonal ice rink, many well-renowned restaurants and bars, and other highly attractive amenities such as a full service 243 bed hospital, a new metro, and the Dulles International Airport that is receiving $700 million renovations by 2026*Reston Town Center*Source: Rediscovering Reston-- the First Planned Community in the USSource: Washington Dulles International Airport to Expand Passenger and Cargo OperationsOne of the biggest points of discussion over the last few years has been around the office market, and how the rising office vacancies due to the shift towards a work-from-home and hybrid work schedule have pushed many companies to downsize or relocate out of previously major employment centers.
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4 September 2024 | 9 replies
I'd recommend reaching out to your local REI meet ups and see who the seasoned investors are using.
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3 September 2024 | 20 replies
It's going to be your thin credit profile / lack of seasoned trade lines.
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2 September 2024 | 22 replies
Cashout for Conventional products will be 12 months seasoning.
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3 September 2024 | 5 replies
In need of seasoned renters advice!
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1 September 2024 | 13 replies
I truly appreciate the advice and experiences shared by seasoned investors here and look forward to learning from your insights.
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3 September 2024 | 12 replies
The average age of the number 1 single family home owner is greater than 2010 and less than 15 years old and they are now building homes new construction and owning them. the exact opposite of your strategy. older homes are the cheaper ones and unless you have experience I'd build in columbus close to downtown. same reason Toledo and Cleveland don't move the needle and there aren't 100 institutions in those markets. columbus is barely on the radar.
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2 September 2024 | 6 replies
Typically, older assets have higher cap rates, while better locations and new constructions tend to have lower cap rates.
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2 September 2024 | 3 replies
The only difficulty is I’m trying to find a multifamily property in an older housing stock area but nonetheless an owners unit inside a larger house is the goal but hopefully I can get lucky with the items you pointed out as well.