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21 October 2024 | 0 replies
With its unique Tex-Mex menu and brand appeal, Chuy’s has already established itself as the leading full-service Mexican chain, providing Darden a foothold in the rapidly growing Mexican cuisine sector.As the company looks to expand Chuy’s, it faces challenges in competing with local operators and navigating consumer preferences.
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22 October 2024 | 17 replies
- **Challenges**: If the home needs repairs, lenders may hesitate unless those issues are fixed.
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29 October 2024 | 131 replies
Someone who can be helpful when I run up against challenges.
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22 October 2024 | 7 replies
Neighborhoods like Morningside, East English Village, and Bagley are great examples of areas where properties have appreciated, and there are still a lot of up-and-coming pockets where there’s growth potential.Detroit isn't perfect, of course, and it has its challenges, but I've found it to be a great market to build a rental portfolio that balances cash flow with appreciation.
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21 October 2024 | 6 replies
I would appreciate any tips, advice, or recommendations for books and podcasts that have been valuable to you.I’m also interested in hearing your stories about how you got started and the challenges you faced along the way.Thank you for your insights.
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21 October 2024 | 13 replies
Anyone else challenged to find tenants for your property?
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21 October 2024 | 10 replies
The challenge when renting directly to the government is that they expect below market rents.From what I've read in the past, most institutional investors look at these leases like US Treasury Bonds (extremely low risk) and expect a similar rate of return as bonds.Keep this in mind while you try to negotiate a rent increase.
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17 October 2024 | 7 replies
I would also recommend making sure the current owner is in good standing with the association and that all dues are current, otherwise that could become your liability post-closing.All in all, if everything checks out and the numbers work for you, condo/townhomes can be a less daunting way to break into RE investing, especially in a high-priced market like NJ.
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21 October 2024 | 10 replies
The property must generate $5,712 ($9,037 - $3,325) more cash flow annually to compensate for the higher operating costs in Texas.Overhead costs have a large impact on cash flow.Property Price GrowthAccording to Zillow:Average San Antonio single Family home prices decreased by 2.9% YoY.Average Las Vegas single-family home prices increased by 6.5% YoY.San Antonio and Other Texas CitiesThe challenge with San Antonio's appreciation and rent growth is its unlimited room for expansion.