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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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7 February 2025 | 8 replies
There are so many forms in the lease packet, that this flood disclosure doesn't even get noticed.
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6 February 2025 | 1 reply
If the land is in a suitable location, this could open up opportunities for developing 2 homes or even selling off one of the lots, which could lead to a good profit.
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4 February 2025 | 2 replies
You want to buy real estate with no savings, which even if you can scrape together a 10-20% down payment, means you will have no cushion to fall back on when the inevitable surprise expense happens.
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6 February 2025 | 2 replies
Every investor, even the experienced ones, has that “Did I mess up?”
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31 January 2025 | 6 replies
Plus is 4% even in line with market cap rates?
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28 January 2025 | 11 replies
What about having to break even, or even feed the property every month $200 for those same 36 months, but at sale, could net a $75K-$100K profit?
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7 February 2025 | 3 replies
Obviously rates may differ than the rate sheet being advertised but just looking it appears the home equity and home equity loans are going to be more than a second mortgage or even a cash out refinance.
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12 January 2025 | 8 replies
Whie DOS lender risk may or may not be high, being ininsured is... well, enjoy your 'asset protection'.
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6 February 2025 | 3 replies
I have a tenant in my Rosewood rental who is saying that the water in the shower is coming out cold even after she lets it run for a bit.