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2 July 2024 | 4 replies
Hi Alexandra - we are experts in this space and I would agree, bathrooms and kitchens don't provide a high ROI, its the common spaces, amenities, backyard and bedrooms.
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2 July 2024 | 1 reply
Operational efficiency is also crucial; optimizing operating expenses and implementing tenant retention strategies, such as lease renewal incentives or adding desirable amenities, can stabilize your cash flow and reduce costs, helping maintain profitability even if rents decrease.Investing in property improvements, such as value-add opportunities and energy-efficient upgrades, can command higher rents and retain property value better than average units.
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2 July 2024 | 5 replies
Here's a very small pros and cons list I've made for the area:Pros:Potential for Appreciation: Rapid growth and development can lead to property value increases.Stable Rental Demand: Proximity to Raleigh and economic opportunities ensure a steady stream of potential renters.Desirable Location: Good schools, amenities, and quality of life attract families and professionals.Cons:Market Competition: Increased demand can lead to higher property prices and competition among buyers.Out-of-State Management: Managing a property remotely can be challenging without a trustworthy local team.Economic Dependence: The area’s growth is closely tied to the economic health of Raleigh and the Research Triangle.
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1 July 2024 | 6 replies
They're just amenities that might increase the demand for your units.
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1 July 2024 | 10 replies
**Quality of the Property**: The property itself is of good quality, requiring minimal immediate repairs and offering modern amenities that are attractive to tenants.3.
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2 July 2024 | 73 replies
Guests will forgive not having certain amenities if you're up front about it in the description.
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1 July 2024 | 21 replies
It's hard to find comparable cities with the amenities they have that are as affordable, particularly for waterfront properties.
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2 July 2024 | 8 replies
It just doesn't make sense to offer these amenities here.
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30 June 2024 | 2 replies
Infact, it's advertised online with the Realtor.com site showing all the amenities of my apartment, the electrical, the plumbing, the windows, the door, the shower and toilet and even the kitchen sink so obviously it must be legal because I can't see an agent of his caliper risking his career and livelyhood for undisclosed info.