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27 October 2024 | 8 replies
., while John has a lot more experience than I do, and no real estate investor wants to be a restaurant operator, there are some upsides to Option 1, as I see it.The lower base rent could allow the Option 1 tenant to remain open throughout a recession, while option 2 may decide to close down the sales drop, if rent is too high.But beyond that, are a lot of factors that I would assess:Who is the actual guarantor on each lease?
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26 October 2024 | 1 reply
It had been sitting on the market for a long time and the sellers were willing to drop the price significantly.
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28 October 2024 | 24 replies
Since you've only had one inquiry, you might consider dropping the rent by $100-200 to see if it gets more interest.
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25 October 2024 | 0 replies
While the numbers hint at a slowdown, savvy buyers and sellers will see that these changes also bring unique opportunities.Single-Family Homes: A New Landscape of ChoicesClosed sales fell from 894 to 809—a 9.5% drop.
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25 October 2024 | 0 replies
At first glance, you might notice things are cooling down a bit, but a closer look shows that for those ready to dive in, there are fresh opportunities to be found.Single-Family Homes: A Market Opening Up for BuyersSingle-family home sales dropped by 12.1%, going from 1,056 last year to 928, yet the median sale price actually nudged up 2.2% to $615,325.
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25 October 2024 | 0 replies
Drop your best strategies below!
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26 October 2024 | 11 replies
Try dropping the rent price a little and see if that works.
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31 October 2024 | 17 replies
The insurance company sent us a letter telling us they will be dropping us for that reason as well.
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26 October 2024 | 6 replies
I did finally get 2 showings the other day, and there is news of rate drops coming, so maybe it will sell soon.
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24 October 2024 | 10 replies
If anyone wants a link just drop me a pm..