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29 October 2024 | 16 replies
The style is not on the current trends and attractive for a home that's priced 3-4x the average home in the area (nothing high end about it).
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30 October 2024 | 35 replies
@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.
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31 October 2024 | 8 replies
Perhaps not a trend to consider across the city but any neighborhood that would attract college educated young professional families seems to be a good bet if you wanted to focus on this asset type.I plan to build 12 townhomes as a second phase of a condo/townhome project in a good area of Mount Airy near the Chestnut Hill boarder and even though I’m likely to years away from being ready to begin phase 2, my current plans are to keep the 12 homes as rentals for the precise reasons I outlined above.
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1 November 2024 | 22 replies
Some times in a slow market and we need to attract tenant to sign a lease, we throw in some of these items because the cost of individual items is less than we lowering the rent by even $50 a month ($600 a year).
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28 October 2024 | 6 replies
Price your home $50 - $100 cheaper than all the competition, and you'll attract lookers.
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24 October 2024 | 36 replies
I recently created an IG page for property but not sure how to leverage that to attract more guests .
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28 October 2024 | 2 replies
What terms or incentives would be appropriate to attract investors for this timeline?
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28 October 2024 | 46 replies
The area is putting up more and more tourist attractions which should continue to drive more growth.
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31 October 2024 | 11 replies
Rentals were a very attractive tax shelter.
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28 October 2024 | 7 replies
Professional property managers are skilled in market analysis and can help set rental rates that attract tenants while maximizing profitability.Tenant Retention: Good tenants are a property owner's greatest asset.