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28 January 2025 | 9 replies
So, the actual increase to market rent will be much lower.
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13 February 2025 | 17 replies
But the real difference comes down to what actually drives revenue.For example, splurging on a mural in a one-bedroom rental for travel nurses won’t necessarily increase bookings (unless they’re influencers and you have a social media strategy for your rental).
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31 January 2025 | 5 replies
I sent a rent increase notice by mail 60 days ago, but they never received it.
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4 February 2025 | 6 replies
I had similar with duplex and ended up having to foot the bill but it was determined the break was on my property and resolved with yard excavation and a fat repair bill.
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23 January 2025 | 2 replies
In 12 months your payment should drop $500/mo minus next year’s tax increase divided by 12.
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29 January 2025 | 10 replies
I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process.
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24 February 2025 | 0 replies
.- Listed Median Price: The listed median price increased by $75, a 2.78% increase, from $2,700 to $2,775.- Units Leased: The number of units leased increased by 9, a 6.67% increase, from 135 to 144.- Sold Median Price: The sold median price increased by $75, a 2.68% increase, from $2,800 to $2,875.A slight decrease in units listed indicates a minor reduction in supply year over year, while an increase in units leased suggests a rise in demand.
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23 February 2025 | 2 replies
In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.Summary: An increase in listings indicates a rise in supply year over year.
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24 February 2025 | 0 replies
This measure is designed to shield existing homeowners from the rapid increases in property tax bills that have become a pressing concern.
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18 February 2025 | 0 replies
The residential lease market in Washington, DC, from January 2024 to January 2025 has experienced some changes:Units Listed: The number of units listed decreased by 78, a 15.92% decrease, from 490 to 412.Listed Median Price: The listed median price increased by $175, a 6.19% increase, from $2,825 to $3,000.Units Leased: The number of units leased decreased by 58, a 19.86% decrease, from 292 to 234.Sold Median Price: The sold median price increased by $100, a 3.51% increase, from $2,850 to $2,950.Summary: A decrease in units listed and leased indicates a reduction in supply and demand year over year.