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31 October 2024 | 12 replies
Ask yourself, if it was Christmas Eve and there was a major problem at the property, who would rush to deal with it and who would want to push it off until tomorrow?
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29 October 2024 | 4 replies
Provide some of your major requirements in the marketing.
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28 October 2024 | 6 replies
For the majority of what we see online or in print - it is skewed toward a bias.
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28 October 2024 | 14 replies
I think the Edmonton condo market is going to be the fastest riser in the major metros moving forward.
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28 October 2024 | 2 replies
It got me thinking about how major developments like this are impacting property values, demand, and investment opportunities around our area.
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31 October 2024 | 37 replies
And how exactly you know that they are at least the majority owner of WWC?
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30 October 2024 | 14 replies
I just did my research and this is definitely illegal to get a commission in any real estate transaction on the majority of the 50 states.
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31 October 2024 | 14 replies
Picking a house with major, costly structural issues or in a location with poor rental demand can hurt both the rental and refinance phases.
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27 October 2024 | 15 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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30 October 2024 | 236 replies
One major hurdle is the costs associated with transactions, 2 closing = twice the transaction cost.