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3 March 2024 | 12 replies
I will note, that whether you think a 200 unit apartment complex is residential or commercial, the multifamily brokers, just like the industrial and retail and office, tend to all be specialists.
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4 March 2024 | 29 replies
Contractors tend to do all demo at once.
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2 March 2024 | 11 replies
Oklahoma City does not seem to far from you.LLC vs CorporationIt is generally advised not to hold properties that tend to appreciate(such as real estate) within a corporation.However, there are potential tax saving strategies of doing flipping or wholesaling within an S-corp to save on self-employment taxes.Below are some links of other BP members who requested for a CPA in Oklahoma CIty.
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4 March 2024 | 18 replies
To achieve this, we have applied the following filter criteria:Only properties with 2 bedrooms and 2 bathrooms have been considered for this analysis.We are only considering listings with over 30 reviews in the past 12 months.The findings are presented in the chart below:Here are some observations:The average daily rate for a 2-bedroom / 2-bathroom unit throughout the year stands at $308.Rates tend to be higher during the months of May, June, and July.Conversely, the lowest average daily rates occur in December, January, and February.It is important to note that the increase in the average daily rate during January is not attributable to increased demand, as indicated in the seasonality section.
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2 March 2024 | 1 reply
I had to not only list and promote but I had to protect the equity during the negotiations with the prospect buyers, coordinate the move out with the tenant, who was previous property manager and was exercising all her rights which tend to make the situation less than ideal for sellers/landlords.
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1 March 2024 | 4 replies
The truth is, people who work with ANY public adjuster, tend to have very positive things to say, and also tend to want to tell others about their experiences.
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3 March 2024 | 10 replies
One challenge when building small units is bringing in natural light as they tend to be long and narrow.
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1 March 2024 | 3 replies
A) local lenders tend to be more communicative.
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1 March 2024 | 13 replies
If your rent is competitive with others then don't be afraid to keep it competitive.One thing where we often stumble is that small portfolio landlords tend to lag market rent significantly.
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1 March 2024 | 7 replies
I tend to admonish about automatically doing 1031 exchanges.