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22 April 2024 | 5 replies
I wanted to highlight a recent deal I helped a client close last week to show there are still deals to be made in this market!
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22 April 2024 | 1 reply
The REIT industry, after facing turbulence, is projected to see a resurgence with total returns expected to climb.Distressed sales, particularly in urban areas, and investments in senior housing are highlighted as key sectors to watch.
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22 April 2024 | 17 replies
Go over it slowly, highlight the really important parts and be very clear with expectations and possible consequences.Second- Do a walk through video (3-5 mins) clearly showing the condition of the house at the date you acquired it, open blinds, show smoke detectors, show any damages-- anything good or bad.
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21 April 2024 | 4 replies
If there is no security deposit, you should highlight that.
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25 April 2024 | 209 replies
The panic of all this only highlights how many VERY novice players we have in this industry, and that is the real fearful item.
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.
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19 April 2024 | 4 replies
This combination of affordability, economic stability, and location makes Parma compelling in my research.Taking a deeper dive into the rental market here, I thought this could be a unique investment opportunity because despite a seemingly low occupancy rate of 23.90%, the rising rental rates highlight a robust demand for single-family homes (SFH), presenting a lucrative avenue for investors like us.
18 April 2024 | 4 replies
People are generally referring to this type of entry as contra-expense or atleast that's how I interpreted.In the PA tax return, this line item was highlighted in Red and hence the question
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18 April 2024 | 1 reply
The key highlights of this slate of bills includesAdditional Excise Tax on STRCreation of a statewide STR registryStandardize safety requirements across the stateProtect the ability for local government to zone STR in accordance with their needsThis isn't the first attempt at statewide regulation, and its clear the bills as written would be operationally burdensome to put into place for the state (aka, expensive) and the problems they are trying to solve are not, in all, a result of STR in our communities but of bad tax laws already in existence.
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18 April 2024 | 19 replies
I find it commendable that members of the BP community showcase their properties, highlighting the staging process and curb appeal enhancements made,