
12 July 2024 | 16 replies
As far as rents, I know the MLS is not the usual or only place for rentals, but again comparing MLS closed rentals for the last 12 months from today, the average monthly rent for Schenectady county was $1,673.
12 July 2024 | 13 replies
On average, you should expect no better than what you have.

12 July 2024 | 2 replies
Mortgage rates are related to the US Treasury yield and any meaningful rate cut could bring mortgage rates average 30 year fixed mortgage rates into the 6%'s.

12 July 2024 | 3 replies
While I am not super well versed in the RV park syndication world (although Axia does own a couple within their first fund), in general more and/or higher fees = WORSE for LP.I would love to see more about this deal, but based on a quick scan here: https://www.parksandplaces.com/campgrounds-for-sale/ looks like average pricing is in $5mm range.$5mm PP = $250,000 acquisition fee, let's assume they are raising $2,000,000 in equity for purchase and upgrades, this means acq fee is really 12.5% of equity.Loan Guarantor Fee: $5mm purchase, let's assume $3.5mm loan.

12 July 2024 | 5 replies
I came to know in general Memphis city above 40% to 60% vacancy on average in apartment properties I hope it’s not true Any reason for such high vacancies?

12 July 2024 | 8 replies
(and do not listen the average agent on financing options!)

12 July 2024 | 9 replies
Real estate investing is a forgiving world; the average person can still make money even with some big mistakes.

14 July 2024 | 27 replies
Also, a heads up that a typical loan assumption will take 60 - 90 days on average, so be prepared for a long closing period.In our current market we have seen home values decline since 2020/2021/2022 so there may be some motivated sellers out there who need to sell but their loan is now greater than or equal to the value of their home.

14 July 2024 | 56 replies
They usually take more work and/or finesse to install properly and safely in older buildings than you can reasonably ask the average handyman handyman to have.
11 July 2024 | 4 replies
All 5 units currently rented: LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month.