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27 October 2024 | 8 replies
Comparing two deals - with almost same price point #1. no rent increases but Percentage rent lease - There is a base rent ( ~65% of NOI) and the rest is percentage of their gross sales in last 12 months#2. 10% rent increase every 5 yearsAs a newbie option #2 seems preferable /safer to me, and #1 may be slightly riskier.
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27 October 2024 | 6 replies
Want a reliable source of motivated sellers?
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28 October 2024 | 24 replies
I wouldn't worry too much yet but if after a couple more days of no activity, I would bring the price down a bit to be closer to the top end of the market and see if there are recent comparables that have been rented (especially if you have access to the MLS)
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31 October 2024 | 17 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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25 October 2024 | 9 replies
Therefore, you should buy properties that attract the segment with the highest concentration of reliable people.Each property attracts only a single tenant segment because its characteristics match only one segment's housing requirements.
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31 October 2024 | 23 replies
If you need a reliable roofing contact, let me know—I’d be happy to recommend someone.Your agent should have negotiated a clear possession date that accounts for the seller needing extra time to move.
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28 October 2024 | 2 replies
Additionally, ARVs in these areas have a cloud of uncertainty so it will be prudent to be conservative in your analysis and have multiple exit strategies in place.If the home is located in an area with minimal impact from the storms, there has been a small uptick in pending sales the past two weeks compared to same period prior to the storms.
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24 October 2024 | 11 replies
Do you focus on building relationships with a few reliable lenders, or do you keep your list broad?
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28 October 2024 | 2 replies
But when we compare this year's figures to 2019 (the last normal tourism year pre-COVID), we see continued growth.
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22 October 2024 | 5 replies
Hi Vida,Based on your goals and budget, here are some suggestions for building a small home with a business space in the Atlanta, South Carolina, or North Carolina areas:Building options:Modular homes: These can be a cost-effective option, allowing for faster construction and potentially lower costs compared to traditional building.