Some sponsors are mitigating this risk by raising their own pref tranches from their own investor base, thereby giving them control over the terms.In a strong up market it’s likely that rent growth and strong demand will drive up income, thus driving up value, which supports the ability to take out the pref.  

Also, if you're renting by the room, it’s a great idea to try and be near a school or university for demand.

I'd probably not operate the property as an LTR because with such little down (5%) at today's rates, it would be negatively cash flowing.For the investors who invest in Littleton and have a furnished rental, can you speak on what the MTR and STR demand is like?

These are markets with strong job growth, low property taxes, and steady rental demand.

Hi Randy,The reason small apartment buildings haven’t seen the same price drops as larger properties comes down to a few key factors: 1031 exchange buyers inflating bids, strong demand for limited supply, and sellers holding firm on prices since they’re not under financial distress.

Guests were rude to my face, made unreasonable demands to the point that I felt uncomfortable in my own home. 

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.

Partner Driven recognized an opportunity to bring the property to market standards and turn a solid profit, with the local market indicating a strong demand for renovated homes.

One demanded we paint the interior the color they wanted or they wouldn't renew their lease.8) MoveOut damages typically exceed their security deposit. 

Feel free to ask any questions about:Market Trends: What types of properties are in demand?