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20 January 2025 | 19 replies
Leave the owners alone, when and if they are ready to sell, they will, and there will be plenty of lots to choose from on the MLS.I have no statistics to back this up, but in my casual observation after our fire is about 1/3 of the owners rebuilt their homes (some built similar, some duplicated exactly--big mistake, and some built better/nicer/larger homes).
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11 January 2025 | 13 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?
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16 January 2025 | 3 replies
We just hit it off with all our similarities.
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26 January 2025 | 3 replies
Many employers are seeing now as a great time to opportunistically buy or lease, usually downsizing, into new office spaces in the district during this period where there are still depressed prices, even on some Class A office spaces.The Resurgence of the Office Market in D.C.The resurgence of employers returning to the city with the pandemic fears now in the rearview mirror is apparent with Q4 of 2024 being the first quarter of positive leasing absorption for office space in the District over the last 10 quarters (Source) Another example is Boston Properties Group (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A Office space in the United States, is building a 320,000 square foot new trophy office in Downtown DC, with 5 floors already pre-leased to the global law firm McDermott Will & Emery as well as the Rockefeller Group developing a 422,000 square foot office building slated for delivery in 2026 at 600 Fifth St.NW, which is similarly 50% pre-leased (Source).
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17 January 2025 | 13 replies
we are experiencing something similar with a property in western nc. its a large investment home, in a good area. we offered it at 100 per sqft . we have not had the attention it should have . i assumed it was due to storms , elections, interest rates. i could be wrong we may pull it from the market and finish it.
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23 January 2025 | 14 replies
For example, I met an agent who is managing an Airbnb with a similar situation.
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11 January 2025 | 3 replies
I’ve been in similar shoes before, and let me tell you, it’s no picnic.
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6 January 2025 | 8 replies
Plus I recently got a brand new calculator, wanted to see what out of state investors though the most important aspects of deciding between to similar rates cap rates in 2 varied size apartment.
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28 January 2025 | 56 replies
This is a great question and one that's similar to Xian's above from a few months ago.
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5 February 2025 | 13 replies
I'm sure there are other similar services out there. 2) DSCR loans would probably be your best bet.