Laura S.
Colorado HB 24-1098: "Just Cause" Eviction Bill Passed
11 July 2024 | 8 replies
This is going to mean fewer options for tenants so that is going to decrease accessibility.
Sateesh Kumar
Sell triplex and buy 12 plex in Oakland good idea?
12 July 2024 | 42 replies
The median sale price per square foot is $471, which is a 7% decrease from the previous year.Alex.
Henry Lazerow
The new NAR rules have actually made buyer agent commissions go up not down
19 July 2024 | 100 replies
So without the MLS/Compensation being offered, really all we are doing differently then is taking our off MLS procedures and applying them to on MLS deals now.With the decrease is licensee count, we have seen average commissions generally rising.
Abdur-Rahman Felton
How Would You Move Forward?
12 July 2024 | 12 replies
Your rent of $800 is really reasonable, my advice is still to continue increasing income, decrease other expenses (cancel unnecessary subscriptions, cut down on going out, all those little things add up to a lot.)
Sara Conner
Deal Analysis Help
11 July 2024 | 10 replies
Though rents are likely to increase, market rents can also decrease.
Jason Coleman
HELOC Lenders (Shred Method)
10 July 2024 | 12 replies
This will decrease the overall burden of your debt.
Andreas Mueller
Is the 1031 Exchange at Risk? Inside the Court's Chevron Decision.
10 July 2024 | 0 replies
As the third branch of government, Congress can always act to change / clarify for businesses and regulators the law they originally wrote.But on the whole, is Loper as a positive opportunity for decreasing regulatory burden on businesses and consumers alike.
Gustavo Domit
Seeking Advice from Fellow Real Estate Investors: Sell or Hold?
9 July 2024 | 5 replies
However, I have not built my team yet (real estate agent, lender, property manager), and I’m not sure about owning a property I cannot visit and monitor myself, given my inexperience as an investor.Economic Outlook: I’m a bit concerned about the economic outlook but can hold onto the property even with lower rent.My Questions:1- Should I sell the property now and look for better deals, considering the declining market trends and my decreasing cash flow?
Chris Seveney
This Blows My Mind For Those Acting A A Lender
12 July 2024 | 40 replies
There’s interest rate risk, the risk that rates go up thereby decreasing the value of your fixed rate note.
Ross Francis
Maine-tenance on multifamily
8 July 2024 | 2 replies
As a hard money lender who works with many investors in the Portland area, I can share some insights on maintenance costs for multifamily properties in this market, though individual experiences may vary:Lots of investors report a slight decrease in maintenance costs during winter months, bc of:- Fewer landscaping needs - Less wear and tear on HVAC systems (as heating is generally less intensive than summer cooling)- Reduced tenant turnover in winterWinter-specific issues can arise:- Potential roof repairs due to heavy rain or occasional snow- Gutter cleaning and maintenance to prevent water damage- Heating system repairs or maintenancePortland-specific factors:- The mild climate helps reduce extreme weather-related maintenance issues. - Older housing stock in some areas may require more upkeep. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!