Peter Firehock
Springfield Virginia (Washington D.C. Suburb) Buy and Hold Thesis
22 August 2024 | 10 replies
Particularly around the Springfield Town Center, where 2 million square feet of commercial space and thousands of residential units are in the works by property owner Pennsylvania Real Estate Investment Trust (PREIT), to be delivered by 2026.Below I will go into the reasons why Springfield Virginia real estate market has strong potential for future growth in the coming yearsSpringfield Town Center is Approved to add 2 million Square Feet of Commercial Space and Thousands of Residential Units, Coming in 2026Although many malls suffered greatly during COVID-19, certain malls have begun to make a comeback, such as the Springfield Town Center, which not only is at pre-pandemic levels of visitors and retail vacancy of 4%, but the average time of visit has increased for the mall.
Mary Jay
What is the proper way to deal with the security dep notice if no forwarding address?
24 August 2024 | 11 replies
On termination of the tenancy, property or money held by the landlord as prepaid rent and security may be applied to the payment of all rent, and subject to a landlord's duty to mitigate, all charges as specified in the signed lease agreement, or as provided in this chapter, including the amount of damages which the landlord has suffered by reason of the tenant's noncompliance with section 33-1341.
Will Sifert
Big changes to the way Colorado handles it's tax sales
22 August 2024 | 15 replies
Not worthless, but you wont be issued a deed like in the past when the redemption period expired.
Alberto Solis
DST 1031 Exchanges seem primed for Sponsor success while minimizing Investor security
22 August 2024 | 16 replies
DSTs suffer from 3 main problems:1) Low returns (aka 4-6% ish)2) High fees3) Poor / no liquidityThe combination of these factors makes DSTs pretty terrible investments right now.
Jonathan Cronkite
STR Insurance in Florida
20 August 2024 | 13 replies
Sorry on a rant , are you saying these will be killed: Jupiter- Miami, Naples - Tarpan Springsor it wont be affected?
Mariah Monson
Living here, what to say to Tenant
20 August 2024 | 7 replies
Usually, you hear excuse after excuse and they try to make their problems your problems.No matter what you decide, document EVERYTHING IN WRITING or suffer the consequences!
Account Closed
Vice President Harris Announces Economic Agenda
21 August 2024 | 182 replies
Those who fail to remember and learn from history, are doomed to suffer it's repeat....
Frederick Rauh
What are typical terms for permanent financing of medium to larger multi family?
19 August 2024 | 6 replies
You paid $2m for it two years ago w/ 25% down (it was suffering from mismanagement and deferred maintenance), invested $325k in capital improvements, and it's now valued at $3m with an NOI of $195k (cap rate assuming $3m value is 6.5%).
Mik Vel
Question about MTRs and condos
20 August 2024 | 10 replies
Chances are they still wont allow it but it's worth the shot.
Linda West
HELOC lenders for investment properties
19 August 2024 | 14 replies
Just so you know they wont be cheap money on the investment property.