. - 6% cap rate reflects a nice safe part of Los Angeles, California, a prudent investment, not one that will make anyone rich overnight, but a place that higher net worth individuals park wealth to preserve it (imagine the depreciation write-off). 6% cap rate also tells us, right off the bat, that we're going to be in the ballpark of 60% LTV.- We will stipulate that this is hypothetical. 

This indicates strong investor confidence in the condo and townhome sectors.Median Sale Price: Prices climbed to $444,000, reflecting a 7.0% increase.Dollar Volume: The dollar volume skyrocketed by 27.5% to over $1 billion, showing significant investment and buyer interest.List Price Success: Sellers received 95% of their original asking prices, a slight dip from last year but still strong.Speed of Sales: The market saw a longer median time to contract at 46 days (a 24.3% increase) and a median time to sales at 85 days (a 13.3% increase).

The median sale price has risen to $650,000, an 11.11% increase that reflects the undeniable allure of Palm Beach living.What's more, 48.8% of these sales were paid in cash—a clear sign of strong buyer confidence and a testament to the value of these homes.

This indicates a strong and healthy market, where property values are appreciating steadily.Dollar Volume: An impressive 26.3% increase in dollar volume reflects the overall growth in the market, soaring from $793,424,108 to $1,001,865,280.

I explained to them my limitations and approach but they threaten to not pay because they do not believe the bill reflects their usage.

Property Insurance: Ensure your insurance policies are updated to reflect the new ownership structure.Chris is right that the current debt is tied to you so will need to refinance to improve your DTI.

A few important things I would be looking for:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.

Engaging with tenants to understand their needs and preferences can help in tailoring services and amenities, thus enhancing their satisfaction and loyalty.Key Takeaways:Implement tenant engagement programs to build community and loyalty.Regularly review and update lease agreements to reflect current market conditions and tenant expectations.Diversification of Investment PortfolioDiversification across different types of CRE, geographical areas, and tenant industries can mitigate risks associated with market fluctuations.

This higher return reflects the increased risk and responsibility on the buyer to secure a large sum for the balloon payment or refinance the loan within 5 years.

Risk measures don't reflect well on real estate, it's hard to evaluate.