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12 November 2024 | 171 replies
The main challenges facing the multifamily apartment sector that we’re monitoring are the rising costs of repairs and improvements, higher insurance premiums, and increasing property taxes.
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31 October 2024 | 18 replies
The tradeoff on the joint financing is going to be the (refi) costs associated w any transfer of ownership, HOWEVER transferring title to the LLC is unlikely to trigger due on sale (b/c it sounds like most banks simply aren't monitoring and/or enforcing due on sale in these instances) which would make the ownership (sans the actual mortgage note) more easily transferable than exiting your position as an individual owner?
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7 November 2024 | 45 replies
A smoke detector in every bedroom and a smoke detector and carbon monitor in hallway of every floor and in the basement or attic IF you have furnace, hot water heater etc in them.
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30 October 2024 | 28 replies
That said, we do monitor the managers, who have final say in all house decisions (for free rent, remember?).
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25 October 2024 | 1 reply
The coastline continues to grow and with towns like New London working to build up their infrastructure to draw in more business and ultimately residences, it feels like the area is heading in the right direction overall.
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24 October 2024 | 1 reply
Booking Management- Calendar Updates: We review booking calendars regularly to ensure everything is accurate and to avoid double bookings.Tracking Occupancy: We monitor occupancy rates and adjust prices or run promotions as needed to fill any gaps.3.
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30 October 2024 | 35 replies
Cities like NYC and Boston have so many employers and infrastructure that one or two major employers can go under and you wouldn't really notice.
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25 October 2024 | 9 replies
It is very difficult to manage when you are not local, don't know the laws, have the infrastructure, and can't react quickly when necessary.
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23 October 2024 | 6 replies
And I know that the tourism infrastructure (restaurants , activities) has some catching up to do aside from the new casino that is opening up.
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23 October 2024 | 1 reply
Are there any on-line government sources of truth for any particular city's future infrastructure/expansion/city planning plans or any private company tracking these initiatives?