Jesse Streng
Detroit Property Manager
4 January 2025 | 20 replies
* Are you a Certified Property Manager?
Alexander Szikla
Rockson Advisory’s Year In Review: Thriving on the Real Estate Rollercoaster into 202
1 January 2025 | 0 replies
This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.
Ricky Hernandez
Turning a New Build into a Rental Property
6 January 2025 | 7 replies
Builders often adjust pricing based on rental saturation, which could impact future appreciation.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
Keep abreast of the latest fraud techniques and adjust your criteria accordingly.Educate Your Team: Ensure that everyone involved in the leasing process understands the signs of application fraud and knows how to react when they suspect fraudulent activity.Legal ConsiderationsWhile it's important to be vigilant against fraud, it's equally crucial to conduct all screenings within the bounds of the law.
Carl Rowles
Insurance Coverage Question
27 December 2024 | 1 reply
Quote from @Carl Rowles: When you insure a SFH rental property, do you try to adjust and of the coverage amounts?
Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
There is usually not much that compares with what we offer, so we only compete apples to oranges, so incentives are not a good tool for us.The types of tenants we want (multi year) also respond better to an adjustment in rent than an incentive.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 44 replies
But you also have to apply your level of risk aversion or risk adjusted return.
Connor O'Brien
List Price for CHA rental chicago
2 January 2025 | 9 replies
I agree with Dominic, I would price it according to the market and CHA will make the adjustments on their end.
Brody Trott
New Real Estate Investor
4 January 2025 | 9 replies
Is in there, but a great thing you can do now is get your "core 4" figured out - agent/lender/manager/contractor - obviously you can adjust this and do one of the pieces yourself (self-manage for example) or don't need a contractor if you do only turnkey etc but getting this nailed down early is key