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21 January 2025 | 4 replies
It can be used to monitor markets, filter results based on lots of different criteria & even includes annual revenue numbers that you can work backwards to see how certain markets/properties are performing.
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21 January 2025 | 5 replies
Do you know an approximation of how much the cost segregation with speed up the depreciation, ie 30% of depreciable base(price minus land)?
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27 January 2025 | 8 replies
South and South East is less expensive, but you're not going to get the appreciation and my impression is it's not as good a tenant base.
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29 January 2025 | 5 replies
This is anecdotal information based upon the interviews I’ve had with operators across the country.
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12 February 2025 | 4 replies
I think we will see more "adult" families living together...kids move back in or parents move in with kids.The traditional apartment model was based on 12month leases, but jobs are not always 12 months and people want flexible terms, so co-living often offers that.Seems like younger people between 20-30 and some other age groups don't want to get married and start that housing pathway our parents and grandparents took.
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25 January 2025 | 0 replies
I understand why carriers associate Condo/PUD construction with greater liability risk (I am sure being based in Philadelphia, a jury friendly city doesn't help either) but curious which carriers others are finding to price coverage without this exclusion and also price the coverage competitively.This also serves as a reminder to review the coverage when you hire a GC for more substantial or unique construction assignments.
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12 February 2025 | 11 replies
I’ve been a member since November of 2024 and my review of Rent to Retirement was based on my experience purchasing a rental from out of state which went very well compared to other experiences I’ve had to go through.
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1 February 2025 | 1 reply
Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant.
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6 January 2025 | 5 replies
It's better to wait for the right candidate.
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2 February 2025 | 4 replies
However, based on your timeline, it seems like your decision may have already been made.