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29 November 2024 | 9 replies
For illustration purposes if I were given the opportunity to finance my construction projects at 8O% LTC full recourse or 70% partial recourse I will select the higher levered recourse option because have confidence in my projects knowing the debt is sub 60% LTV and want the benefit of leverage.
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3 December 2024 | 22 replies
I finally sold it for a small fraction of what I paid for it, but I was out from under the HOA fees and taxes which at about $1,700. per year, which is a sizeable sum for me, and as we know, these fees increase every year.Bottom line is, DO NOT purchase property there for an investment.
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4 December 2024 | 33 replies
The rents go up consistently every year which is very important for appreciation and increasing cashflow over time.
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26 November 2024 | 6 replies
•Increased Security: Enhanced penalties act as a deterrent, helping to keep your property secure from unlawful occupation.
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30 November 2024 | 6 replies
Our supply of homes for sale on the MLS has been steadily increasing for several months, so I don't anticipate that price will start to increase until later in the winter.Right now is a great time to buy, with less competition it's a lot easier to get seller concessions to cover closing costs and interest rate buy downs.
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6 December 2024 | 36 replies
Instead of buying trips or hotels for ordinary point values, learn how to increase the value of your points and stretch your dollar farther.It's an inexpensive e-book.
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25 November 2024 | 19 replies
Renewals and rent increases- Research market rates; 3% is fair, but adjust if you’re far below market.
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30 November 2024 | 14 replies
If the location is an A but the tenant paying higher rent was a B or a C then replacing the location with an A tenant at slightly less rent in some cases you can actually increase the value.Example if you had an (A) location QSR but tenant was Burger King franchisee and they went out the Burger King might sell at 7 cap.
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1 December 2024 | 6 replies
For MTR, the best way to increase nightly revenue is to charge for pets!
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3 December 2024 | 10 replies
I figure as the area is growing and there are more people moving to the area it will increase the values.