
30 October 2024 | 35 replies
@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.

29 October 2024 | 16 replies
The style is not on the current trends and attractive for a home that's priced 3-4x the average home in the area (nothing high end about it).

31 October 2024 | 17 replies
My main objective is generating a cash flow which pretty much eliminates local market.

31 October 2024 | 0 replies
In a split second, they might click your link, and just like that, $10-$30 of CPC goes out the window.The main takeaway is this: always ensure your campaign shows up for the right KEYWORDS.

1 November 2024 | 22 replies
Some times in a slow market and we need to attract tenant to sign a lease, we throw in some of these items because the cost of individual items is less than we lowering the rent by even $50 a month ($600 a year).

4 November 2024 | 17 replies
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31 October 2024 | 8 replies
Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.

30 October 2024 | 15 replies
This is mainly because we know the cash flow numbers upfront with a STR, since you can use AirDNA projected revenue to qualify a deal and don't have to wait on the appraisal to give us LTR market rent.

31 October 2024 | 17 replies
We've been there for a minute or two checking out the main floor when a door slams upstairs.

30 October 2024 | 1 reply
There are two main pathways for this - Delayed Financing and cashout refi's.