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26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.
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28 October 2024 | 12 replies
Which caused a lapse in compliance.
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26 October 2024 | 4 replies
That way, your records are consistent and they should never due something that causes you to reopen prior year taxes.
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30 October 2024 | 4 replies
While there is a percentage of tenants that have logical hardships that cause theie evictions, in our experience, most evicted tenants made a series of bad, short-sighted financial choices.We offer logical Payment Plans when tenants fall behind.
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28 October 2024 | 15 replies
Last I checked prices are creeping but not making big jumps causing negative ripple affects.
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26 October 2024 | 10 replies
The hurricane will cause a little delay and its year end so its not the best time but land always has interested buyers.
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26 October 2024 | 10 replies
I've seen cases where the LP backed out of the deal at the last minute, not only leaving the operator at the closing table without the capital, but causing the sponsor to lose their earnest money deposit.
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24 October 2024 | 1 reply
Falling due to construction debris is a leading cause.
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23 October 2024 | 3 replies
Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower?
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30 October 2024 | 21 replies
The reason people are buying is because Intel, Amazon, and Google are all investing causing property prices to skyrocket.