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11 December 2024 | 8 replies
Overall though to answer your question, there is some supply glut in the RRG area so those older properties with less amenities are struggling some.
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7 December 2024 | 1 reply
The news cycle notes that the limited availability of affordable homes is primarily due to a significant gap between the demand for housing and the supply.
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9 December 2024 | 166 replies
Originally posted by @James Green:@Jerry Shen, http://www.newsweek.com/north-korea-hacking-war-bitcoin-exchanges-part-biggest-global-sting-752161..I'm just saying.....
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2 December 2024 | 5 replies
But the garage is not included since I need it for storage of my tools and supplies.
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15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered.
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5 December 2024 | 87 replies
We also have a lot more available capital with more advantageous rates these days and we're currently experiencing an upmarket as well, so these rates reflect that since the cost of assets are up.We do supply financials in our investment docs and we also now have ongoing reporting for these open funds, with even more robust reporting to come.
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4 December 2024 | 6 replies
As we first hand see the demand for student housing with a low supply of affordable options in the area.
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2 December 2024 | 1 reply
The market supply has had a surplus meaning they are sitting longer and "stockpiling", nothing crazy but it is noticeable in the chart.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
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11 December 2024 | 101 replies
Ultimately, what drives real estate values is supply and demand and the income you can derive from those properties.