Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
I'd love it if the emails could be taken into Baselane, and automatically update the invoices.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
Keep abreast of the latest fraud techniques and adjust your criteria accordingly.Educate Your Team: Ensure that everyone involved in the leasing process understands the signs of application fraud and knows how to react when they suspect fraudulent activity.Legal ConsiderationsWhile it's important to be vigilant against fraud, it's equally crucial to conduct all screenings within the bounds of the law.
Janea L.
AI and REI
29 December 2024 | 17 replies
But makes a big impact. especially on missing a call. when i have a missed call A.I automatically replies like any human does. so leads won't go to waste.
Brian Chadwick
Selling one home to get three - smart or stupid?
21 January 2025 | 20 replies
The numbers can be adjusted for taking more from the HELOC to do repairs and add furnishings, but I think it's fair to say that $1880 + $700 - (cost to borrow for repairs and furnishings) will be at or greater than the original $2300 in profit form the single house.5.
Mario Morales
Commercial Unit & Leasing
2 January 2025 | 3 replies
If it’s a tax office, they could be swamped or uncertain about their future.What’s your gut telling you.. are you leaning more toward a full rent adjustment, or focusing on retension for the long haul?
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
I’m also starting to wonder if my minimum requirements are too high for this area or if I should stick to them.Here’s what I currently require:Application: Everyone 18 or older must complete an application.Screening: Includes income and rental history verification.Background & Credit Check: Clear background and credit check required ($45 application fee).Income: Monthly income must be at least three times the rent (minimum $4,200 combined).Credit Score: Minimum credit score of 650.Eviction History: No prior evictions allowed.I’m considering adjusting these to a credit score of 600 and income of 2.5 times the rent.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.
Rereloluwa Fatunmbi
Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
To further boost occupancy and revenue, consider revisiting a dynamic pricing tool like PriceLabs, as it works best with more time and data to adjust rates competitively.
Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.
Alexander Szikla
Rockson Advisory’s Year In Review: Thriving on the Real Estate Rollercoaster into 202
1 January 2025 | 0 replies
This included some landmark deals including Rockefeller Center’s $3.5B loan and Miami Beach’s Fontainebleau $1.2B refinancingAlternative lenders filling traditional banking gaps with short-term solutions which has already begun a cycle of consolidation that will likely continue and accelerate in 2025The Office Sector Divide:CBD property values are down 50.7% from 2021 peaksClass A office properties seem to be in their own vacuum of prosperity with trophy properties commanding premium rents ($100+ PSF nationally, up to $247 in top markets) with strong occupancyHybrid work continues impacting older building valuations which have not faired as well, but this may begin to rebalance as more companies are instituting mandates to return to physical officesChallenges & Opportunities:$1 trillion in loans maturing by 2026Interest rates up from 3.5% (2021) to 6.74% (2024)Experts such as AEW’s Michael Acton and Blackstone’s Nadeem Meghji see the best entry point in the last 15–20 years and we agreeMarket Outlook:Current market conditions present unique opportunities, with inflation-adjusted prices at historic lows and yields at decade highs.