
19 July 2024 | 1 reply
Population growth is expected to be flat over the next few years, potentially constraining household formation and storage demand.Market OutlookThe Los Angeles self-storage market is projected to improve gradually over the next few years:- Vacancy rates are forecast to decline from 11.6% in 2023 to 10.5% by the end of 2024 and further to 9.4% in 2025.- Asking rents are expected to grow by 1.0% in 2025 and 1.2% in 2026, a turnaround from the slight decline projected for 2024.- New supply is expected to moderate, with inventory growth slowing from 5.4% in 2024 to just 0.5% in 2025.While the market faces near-term headwinds from slow economic and population growth, the moderation in new supply and gradual absorption of existing inventory should support improved market fundamentals over the next 2-3 years.

21 July 2024 | 1 reply
(I know you're not a lawyer and will eventually seek professional advice.)I just talked to my RE broker and he said with LLCs you typically do commercial loans.

20 July 2024 | 10 replies
You will still own that loan and personally guaranty that loan.

19 July 2024 | 53 replies
And please don't comment that rates, terms, loan structure are variable.

19 July 2024 | 14 replies
Make improvements to the house to raise the appraised value.

21 July 2024 | 3 replies
The major barrier to this would be if you are living in one side of the duplex and have an FHA loan on the property.

20 July 2024 | 15 replies
Fannie/Freddie generally hates investment property loans.

20 July 2024 | 11 replies
I was reading about DSCR loans and they seem like a great tool for cash flowing properties.

18 July 2024 | 3 replies
Due to the market appreciation during the last few years of regular payments I was able to remove the PMI from all loans except for one.

22 July 2024 | 120 replies
They could in theory try to squeeze this into government guaranteed loan products, but it would be nearly impossible to enforce through that kind of mechanism.