Carter Fleck
Keeping My Finger on the Pulse of the Property Management Industry – Seen any sales?
24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.
Kristen Haynes
Charlotte is expected to grow leaps and bounds in the next 25 years
25 January 2025 | 2 replies
The growth of 1.6 million additional residents will require investments in infrastructure, housing and transportation, the organization added.The numbers were provided by the group’s research team with data from the North Carolina Office of State Budget and Management and the South Carolina Department of Revenue.
Peter Firehock
Multifamily Market Outlook for the Washington D.C. Metro
26 January 2025 | 3 replies
Major employers like JP Morgan and AT&T are pushing for these policies as well, and specifically in the D.C. region, Amazon HQ2, the Washington Metro Area Transit Authority, and the Executive Branch of the government have required all employees to return to work 5 days a week at those locations.Fundamental Lack of Residential SupplyAnother interesting driver of demand is the fundamental lack of supply of housing stock due to the fallout effects of the 2008 housing crisis, slowdowns in housing construction during Covid-19 primarily in 2020, and a good amount of 2021 from supply chain issues, labor shortages, and rising construction costs.
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
I will be living in the guest house, while renting out the main.Both units are without washer and dryer units, my question is, do I supply them in the main house; or let potential tenants figure that one out?
Bob Lachance
The Challenges New Realtors and Investors Face and How to Overcome Them
28 January 2025 | 0 replies
Building a NetworkNew agents struggle to build a network that can provide them with leads and support.Solution: Attend networking events, join professional organizations, and offer value to others.
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
Hi, I own two warehouses with 3 siblings, and we have 3 tenants in the buildings. I'm the sole manager of the business and the properties. Currently I'm looking for some kind of methodology, software or app, that I ca...
Pratik Patel
Austin rental market investing
27 January 2025 | 4 replies
The rental market is expected to stay flat or soft through 2025, then is estimated to start appreciating again once the new supply of multifamily housing reaches traditional occupancy levels.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
He claimed if he didn't get the money he could not buy supplies to complete the job, which would be done in a week(I knew this wasn't true).
Ken M.
Are Rents Softening
29 January 2025 | 5 replies
But, these broad market studies are so large, they are almost meaningless, in the real world.Between glut of new supply in many "hot" markets coming online, a continually softening economic outlook, inflation over last couple years making day to day items feel cost prohibitive, many average renters are strapped and seeking lower cost housing.