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22 February 2025 | 12 replies
Kitchens, Appliances and relocating plumbing for revised kitchen layouts, adding in-unit laundry etc. are what generally drives these apartment renovation budgets assuming the mechanicals don't require complete upgrade or replacement.
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17 February 2025 | 2 replies
Washington, DC Real Estate Market Update: January 2025📊 Market Trends:New Listings: Increased by 135 units (14.49%) compared to January 2024.Listed Median Price: Rose by $25,000 (4%) to $650,000.Units Sold: Went up by 87 units (23.58%) from last year.Sold Median Price: Decreased by $54,000 (8.93%) to $551,000.🏠 Mortgage Rates:January 2025: 30-Year FRM: 6.93%, 15-Year FRM: 6.14%January 2024: 30-Year FRM: 6.62%, 15-Year FRM: 5.89%Summary: The increase in new listings indicates a rise in supply year-over-year.
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21 February 2025 | 3 replies
It has two 2-bed/1-bath units and a detached garage apartment (ADU) that needs to be fully gutted and redone.
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15 February 2025 | 19 replies
I wasn't really certain of specific desirable spots nor the typical market rents and such for various units.
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13 February 2025 | 10 replies
As such, it may be harder to find multi-unit housing in those areas to begin with.
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1 February 2025 | 23 replies
Than learn with that safety net until your ready to take things back over to self-manage again.
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21 February 2025 | 3 replies
Units are cheap and they just put a Starbucks in so there's got to be something growing there.North of Worcester ie.
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18 February 2025 | 1 reply
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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19 February 2025 | 6 replies
Quote from @Don Bessette: I have a 30 plus year tenant that can not keep up with maintaining their unit, it is filthy inside and in desperate need of renovation, all systems are in good repair and I respond very quickly when issues are brought to my attention.It is also well below market rent, and they struggle to pay the current rate.Looking for suggestions on how to gently proceed with the notification to move.