Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
As for the price, I would be very sensitive to making such a low offer at this point.
Tove Fox
Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
This can be a sensitive topic, as many cohosts opt to not be licensed, and as some agents and PM's think the law requires a license for cohosting.
Audrey X.
Jerry M Feeney - e1031xchange.com, legit?
8 January 2025 | 31 replies
Also, I noticed his office has poor controls over sensitive data.
Rene Hosman
WTF is a land swap?
16 January 2025 | 13 replies
Urban Development land swaps are often used as a strategy to: - Consolidate public land holdings - Acquire important natural or recreational areas - Facilitate development while ensuring community benefitsLand swaps can provide several benefits to communities: - Preservation of open spaces and environmentally sensitive areas - Creation of new public parks or recreational facilities - Protection of wildlife habitats and corridors - Improved land management efficiencyI searched for some Urban examples for reference: 1.
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
If they want one, then make it timesensitive- only for x years; location sensitive- within xx miles ofthe existing facility; make them pay for it, on top of the propertyvalue.P.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
Reducing rent sets a precedent and can attract price-sensitive tenants rather than those prioritizing quality.Negotiating renewal terms can make sense if tied to benefits like lease length or tenant stability, but always ensure it aligns with your long-term goals.
Chris Magistrado
Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
According to the Justice Department, RealPage’s algorithm allows landlords to align rents with their competitors by analyzing sensitive data, from renewal rates to occupancy trends.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
I suspect they will be highly sensitive to that.
Jonathan Baptiste
How to stock your airbnb best practices
18 January 2025 | 16 replies
I have yet to have a guest ask for a refill or mention the quality (I tried to pick a nice-looking, not-too-expensive brand).Be careful with the scents -- I had a run of people pulling out and hiding the scents and one or two people complained that they were scent-sensitive in private notes.