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9 February 2025 | 3 replies
I'm speaking of co-living in a typical A or B level neighborhood house, so instead of a 20-25% down payment, we are speaking of a 1-5% down payment.
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22 February 2025 | 7 replies
That’s a whole other level of having to monitor the news, which I think is much more of a challenge.
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21 February 2025 | 12 replies
It takes a certain level of QB knowledge to set it up correctly.
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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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17 February 2025 | 5 replies
And while seller financing is a very common practice in business acquisition, the good deals are not being done with high levels of it.Particularly with smaller deals, and especially with a business like a laundromat, there are cash buyers out there.
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2 February 2025 | 10 replies
I suggest you start with developers in your local area (your county and neighboring counties level) because they would be your most likely partner or parcel buyer.
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18 February 2025 | 43 replies
It took me and my wife 17 years and more units to get to that level, but our units are SFH's in our back yard in a small midwest town with average rents under $1,000.
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31 January 2025 | 3 replies
Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment.
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12 February 2025 | 5 replies
Not a bad return.Permitting for ADU shouldn't be too much of a challenge as long as you have the appropriate lot size, level grade lot, and ample space for parking - which is what the townships care most about.
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10 February 2025 | 6 replies
I am the Chairman of the Wicosnin Real Estate Investors (formerly WAA) we do the lobbying on behalf of the Wisconsin landlords at the state level.