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10 September 2024 | 43 replies
TheSeattle Times editorial boardSeattle’sOffice of Housing last month released an unprecedented $14 millionto stabilize the balance sheets of affordable housing providers infinancial trouble.Turnedover to The Times editorial board after a public disclosure request,the 24 applications for emergency funding read like a collective cryfor help.Landlordsreport that some tenants are not paying rent, a trend that worsenedduring the pandemic.
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6 September 2024 | 13 replies
Does the contractor who was hired to repair it have any recollection or notes, like emergency visit, no heat?
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6 September 2024 | 7 replies
I recommend finding a strong brokerage with investor-friendly agents who are doing a high amount of volume.You can set up systems and procedures to make it easy for them to refer your company over. and keep their clients happy.
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8 September 2024 | 13 replies
Structural and Foundation issues can really slow things down because the municipality will get involved with all their procedures and what not what it comes to those two areas.
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8 September 2024 | 168 replies
Also, you mentioned "emergencies" (including holidays, new cars etc?).
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9 September 2024 | 21 replies
Do you have solid contacts for all different emergencies?
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6 September 2024 | 13 replies
I just can't see a world where there isn't some tax change that happens next year to at least make some of the more procedural items of the TCJA permanent + other changes.
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5 September 2024 | 0 replies
The CRE lending market is expected to recover gradually, with opportunities emerging as interest rates stabilize and maturing loans drive new borrowing activity.Some regional banks are certainly struggling while others are consolidating in bid to become national powerhouses.Revised CRE Lending Projections2024: 26% growth to $539 billion (down from previous 34% growth forecast)2025: 23% growth to $665 billion (slightly lowered from 24%)Multifamily Sector Adjustments2023: $246 billion (49% drop from 2022)2024: 21% growth to $297 billion2025: 31% growth to $390 billionMarket FactorsRecent moderation in interest ratesSignificant number of loans maturing soonProperty owners hesitant, hoping for further rate decreasesUncertainty persists in the market, particularly regarding interest rates and property owner behavior.
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6 September 2024 | 11 replies
Yes, it is possible, but the procedure is indeed confusing, and even we tax professionals, myself included, have made incorrect statements.It sounds like you have already filed your 2023 tax return.
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9 September 2024 | 23 replies
Evictions, resident's passing away, posting notices, doing preventative maintenance walk throughs, resident complaints, neighbor complaints, skips, move outs, turnovers, emergency maintenance, etc.I used to be strictly on the ownership side, from 2016-2020 I hired property managers.