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4 August 2023 | 2 replies
The county also has financial assessments available publicly for these locations and their 2023 report numbers appear pretty full when I cross-reference the units visible on aerial images with them.The third location, another popular REIT in this area, is entirely climate controlled.
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15 February 2010 | 3 replies
Some ideas from others: * Bank loans are not available on some types of properties * The tight lending climate has made bank financing "out of reach" for many * Seller financing is an "age old" tradition based on private property rights * These rules would prohibit even partial seller financing – i.e. a "seller second" * According to HUD's "Residential Finance Survey" in 2001, roughly 40% of all non-farm residential properties in the US are owned free and clear * An estimated 6 million Americans own a property other than their own primary residence * An estimated 4.5% of Americans own three or more properties, many purchased solely as investment properties * 40% of non-owner occupied residences are mobile homes which are more difficult to sell with bank financing * Approximately 5% of homes in US are for sale or for lease… seller financing may be key to liquidating this inventoryThe continued success of our industry as we know it is threatened by these proposed regulatory changes.
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11 September 2015 | 3 replies
I would love to hear a locals take on the real estate climate around the eastern side of Charlotte.
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21 January 2009 | 17 replies
While doing this may piss off some listing agents/banks (sometimes they'll charge ridiculous fees to do it for you), I've yet to have a serious issue doing this.Keep in mind that if you live in a cold climate, you might not want to turn on the water in the winter.
2 November 2019 | 7 replies
-In seasonal climate so owners can only use from Late May to late September (4 months a year) however can store their RV’s/ Trailers year round.
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24 February 2019 | 20 replies
A little too expensive, not populated enough, and concerned about the cold climate
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14 January 2019 | 19 replies
In no way am I an economist, or would ever claim to understand the true depth in being able to speak on these subjects, however I would estimate given the current economic climate that investing with appreciation as your primary source of growth would be a dangerous investment.Perhaps this is a showcase of my own lack of experience, but I would rather invest in safer cash flowing assets until we see the economic correction everyone has been preaching about.
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4 January 2019 | 20 replies
My wife and I had good income and healthy savings and after doing the math we figured there was no way to lose in that climate.
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13 May 2020 | 100 replies
One of our tenants was going to move out in April but decided to stay given the current climate.
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4 January 2023 | 28 replies
I'm interested in the region, if only bc I think it's a good long term play with climate change, but isn't your population growth moving the wrong direction?