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3 January 2025 | 8 replies
If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally.
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12 January 2025 | 20 replies
Scary how fast things move when everyone buys into the process.
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26 December 2024 | 18 replies
With all this said, to answer your question of how you'd value this for a sale, I'd get a STR specific broker that's able to market your property as a turnkey STR with data on the rents, figures, etc.
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29 December 2024 | 11 replies
It can be a long process if you don't narrow it down.
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6 January 2025 | 77 replies
For example the RE agent could share insights into latest trends or data that they have seen with their own analysis of it then ask if people have questions or additional insight.
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28 December 2024 | 13 replies
Quote from @Cynthia Lee: Accepting even $1 could be seen as evidence of a payment plan, and the entire eviction process could be derailed.Once you start the eviction process, to not accept any payment unless it is a full payment in certified funds (cash, money order, cashiers check).
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6 January 2025 | 9 replies
Focus on finding a replacement with strong tenant screening processes and performance guarantees.
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3 January 2025 | 40 replies
I call the process "thinning the herd", and each year I evaluate the property performance and either take actions to increase the individual property performance or sell the under performer.
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31 December 2024 | 32 replies
As @Eli Konig mentioned above, going into RE right now without a lot of experience and without knowledge of a local market I think makes TK a decent beginning option.I've been in communication with REI and going through their process right now.
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27 December 2024 | 22 replies
However I tried Freedomsoft just to pull down cash buyer data to see where to market, and I was impressed by what they say it can do.