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27 June 2024 | 28 replies
It's an area where some struggle (especially in the beginning), but it's certainly overcomeable - and it's something that can definitely get easier when you get more established, learn how to advertise effectively and build up a buyers list.To put it as simply as possible, I'd say it's ultimately a matter of:Buying the right properties in the first place.Offering a compelling price point (which usually isn't hard, if you buy it right).Compiling the information well (with good images and descriptions).Getting your listing in front of as many eyeballs as possible (and keeping it visible).If you're able to, provide the option for seller financing, so buyers have more ways to buy your property if they're unable to get the cash from another source.Does that make sense?
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24 June 2024 | 3 replies
s, first rent of the newly created unit must be equal to the combined rent of the two previous RS units..in addition, newly created unit will still be regulated, NYS senate just passed bill S2980C..Substantial rehab is the only remaining strategy, which is not cost effective in the current market
24 June 2024 | 3 replies
Hello, Albert Lubin, the 50% rule is a general guideline used by real estate investors to estimate the operating expenses (OpEx) of a property as a percentage of Effective Gross Income (EGI).
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27 June 2024 | 62 replies
@Bruce Woodruff:Its not about saving money.. that just happens to be the coincidental effect of sourcing for your own materials and labor.
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25 June 2024 | 1 reply
If you're going to own what is effectively a vacation home that is shared with guests that enjoy the outdoors, the Oregon Coast offers a little bit of everything from surfing, golfing, fishing, hiking and investing..The bull's eye for STR investment in general is shrinking and constantly moving.
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24 June 2024 | 4 replies
Hi Tim,There are several effective strategies and resources you can use to stay informed about future development planning in your area, without solely relying on attending city council meetings:City Planning Websites: Most cities have planning department websites where they publish upcoming development projects, zoning changes, and long-term planning documents.
25 June 2024 | 11 replies
Mike - Good point, I guess it is all about perspective.Nick - I guess it is an effective tactic for the institution but not good for the buyer...Russell - Good point that the agent should know the market and other agents operating in it.
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27 June 2024 | 37 replies
HMM never heard of that regarding criminals https://calcivilrights.ca.gov/wp-content/uploads/sites/32/20...Using CA as an example:- not allowed to place a blanket ban based on criminal record- are not allowed to access certain forms of criminal records (arrests, post-trial diversions, sealed expunged records)- you are technically allowed to access conviction data and use it, but your interpretation of that data must comport perfectly with how CA wants you to interpret it (must have direct bearing, must have been recent enough etc)- even if you follow all of this perfectly, accessing the criminal records must not "have a discriminatory effect" so if certain special people are impacted you are still looking at liability.As a result of this legal minefield many just decide to forget looking at criminal or to find some other criteria.
26 June 2024 | 34 replies
@Kislay ShahHi, I’m hoping you can point me to a resource that explains the ins and outs of real investment estate losses and the their effects on non-real estate income for tax purposes.
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23 June 2024 | 0 replies
2024 Trends to Watch:
- Smaller leases (1,000-15,000 square feet) make up the majority of transactions and movement in 2023.- Tech companies are increasingly starting to call employees back to the office in a hybrid ...