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25 June 2024 | 125 replies
Of course looking at data leaves out some details for example it seems plausible that units with the extra half bathroom may have slightly better finishes than the property without the half bathroom.
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20 June 2024 | 10 replies
It pulls the same data as AirDNA does but it is free.
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21 June 2024 | 10 replies
The other reason you mentions is accurate, it tends to be more operational rather than liability driven.
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20 June 2024 | 14 replies
The Tampa Bay area continues to experience robust growth, driven by its thriving job market, world-class amenities, and unparalleled quality of life.
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20 June 2024 | 9 replies
The RTP area, comprising cities like Raleigh, Durham, and Cary, is an attractive option for several reasons:Strong job market and population growth, driven by the tech, research, and education sectors, ensuring consistent rental demand.More affordable home prices compared to Charlotte, allowing for better cash flow from rental income.Areas like Cary, Apex, and parts of Raleigh have newer construction townhomes/condos that fit your criteria.Potential for long-term equity growth, as the region is seeing steady appreciation.Some recommended areas to consider near RTP:Cary (especially newer developments like Amberly)ApexNorth RaleighDurham (for slightly lower prices)Charlotte is also a solid option, though it may be more expensive:Strong financial/banking sector driving job and population growth.Higher home prices but potentially higher rents as well.Newer townhome/condo developments in areas like Ballantyne, University City, and South End.Robust long-term equity growth potential, but higher entry costs.
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21 June 2024 | 5 replies
And I am not sure if that's because luxury property rentals just don't have the same ADR here in comparison to other markets - in a lot of other markets even as far as West Virginia in harpers ferry you can easily charge $800+ in those markets, whereas inWe haven't purchased the area in Airdna or Pricelabs as we are just looking at the data at a high level right now before we commit to that one area since we are looking at a couple of other properties too.
20 June 2024 | 7 replies
In fact, the latest Census data shows the suburbs are losing population to Detroit proper.
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20 June 2024 | 13 replies
If so was the AirDNA data accurate?
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21 June 2024 | 10 replies
Most landlords in Milwaukee own less than 5 units and it is not a big focus in their lives, they are not on BP, they don't belong to the RPA etcIronically, for a couple bucks you can get a court-tested lease from Wisconsin Legal Blank or from the WRA.Court rulings like this also mean that it will make the market tighter for tenants as landlords are driven more and more into defensive strategies.