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27 February 2025 | 24 replies
Was this an update to the unit that enabled you to increase rents?
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24 February 2025 | 3 replies
Even the projects that do not have 100% hurricane coverage are dealing with significant increases in their insurance coverage.
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24 February 2025 | 1 reply
If the condition is similar to the market average but your rent is severely under market rate then I take an average between the current rent and the market rent and send them the following message 2 months before their lease is up (assuming you aren't in a rent control market),Dear Tenant,Some nice words and remind them that their lease is up within 2 months, please select the following options about their new lease, also mention that you are doing the best you can to maintain the rent as low as possible but with inflation, insurance and property taxes increasing, you have to raise the rent to keep up with the rising expenses. 1.
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17 February 2025 | 10 replies
When it seems like they have a final bid and no one is willing to increase it, they will often times go talk to the owner for a few minutes.
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14 February 2025 | 37 replies
I'd find this out.This would be a deal breaker if the city doesn't at leave put in writing that you can legally put in a bigger Septic tank to accommodate the bedrooms that have been added.Also was the increase in house size done legally since they weren't required to upsize the septic tank?
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26 February 2025 | 9 replies
Through renovations of the apartment units and recently executing a lease for the restaurant space, by the fall my rent roll will be increased to $29,600.00, My total costs will be $2.85M, and anticipate stabilized valuation to be $4M and is a true trophy property I will own with my capital partners for years to come.
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7 February 2025 | 0 replies
Since then, they have operated under government control, but privatization has been a recurring topic of debate.Why Privatization is Being ConsideredSecretary Turner, along with some policymakers and industry leaders, argues that privatizing the GSEs could reduce taxpayer exposure, increase market efficiency, and encourage more private sector participation in mortgage lending.
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26 February 2025 | 10 replies
Have you seen an increase on the rental side?
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25 February 2025 | 3 replies
I can do financial modeling with you and talk to other new build investors it's a slow growth plan. build directly at 25% below the market and also identify land too. increase unit counts and get better economies of scale. single family homes will never perform like a three story walk up apartment. we build a stacked triplex in Columbus Ohio with a picture below, if you are set on Dallas look at land prices and see if the economics help.
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16 February 2025 | 0 replies
Converted an empty room to a standard room to make it a 6-bedroom instead of the original bedrooms which increased the rent from $2,200 to $2,800 for Section 8 voucher holders for this zipcode.