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14 September 2024 | 16 replies
I personally say yes, as you can target direct bookings much easier.
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14 September 2024 | 8 replies
I think your biggest barrier is finding an asset that will meet DSCR requirements in your target location without having 40-50% down.
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14 September 2024 | 8 replies
The primary reason a lot of people move on to bigger deals (80 units plus), is that it's possible to own larger properties in markets that make economic sense but may be far from where you live. 80 Units seems to be the target so you can hire your own full-time property manager and maintenance person, versus relying on local property managers to manage smaller multi-family properties on your behalf.
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13 September 2024 | 2 replies
You’ll probably end up having to pay any buyer’s agent a commission so you’re really trying to save 1-2% max on your seller’s agent before you pay for advertising, professional photos, doing the open houses and showings and paying to be on the MLS.
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13 September 2024 | 1 reply
We enhanced the property's value by investing $6,000 in targeted renovations, including necessary repairs and updates.
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15 September 2024 | 22 replies
How they target the people.
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12 September 2024 | 23 replies
It's false advertising.
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13 September 2024 | 0 replies
For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).
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15 September 2024 | 61 replies
Let's just hope none of your tenants read your response and figure out what a pushover and easy target you are.Not aware of any laws in Chicago or Illinois that require a landlord to provide a property with a MAXIMUM temperature.
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12 September 2024 | 8 replies
The mods are going to remove this for a forum advertising violation.