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11 February 2025 | 2 replies
For calculating ARV, platforms like Zestimate, PropStream, and Reonomy use machine learning to analyze market data and comparables.
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11 February 2025 | 2 replies
For multifamily, target markets with strong rental demand, value-add opportunities, and creative financing options like seller financing or private capital.
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3 February 2025 | 5 replies
In fact, just finished one that I have yet to put on the market.
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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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8 February 2025 | 34 replies
I would add that SFH airbnb market here is saturated BUT I believe there is still a robust market for larger homes for family gatherings and events.
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2 February 2025 | 9 replies
It has been on the rental market for about 55 days and the average in the area is supposedly 36.
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4 February 2025 | 24 replies
@Todd Anderson totally agree on finding a mentor in the market to learn from.
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2 February 2025 | 6 replies
I have been narrowing down some markets and trying to explore/research more and network.
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1 February 2025 | 11 replies
I usually just google "market name" airbnb or short term regulations.
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6 February 2025 | 11 replies
Mine have appreciated off of the charts in the Charlotte metro market.