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10 September 2018 | 7 replies
With vacancy rates already extremely low, there is going to be a shortage of rental properties and strong rental demand.
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8 November 2018 | 11 replies
I had seen several articles regarding an affordable housing shortage in the area and EB just landed a contract for 5 billion dollars worth of submarines.
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15 November 2018 | 6 replies
However, there continues to be a shortage of available homes for sale, and the homes that are for sale are priced on the extreme high side or are going into escrow in a matter of days, resulting in a need for rental units.A business partner of mine just recently purchased a 3 family in Western Massachusetts, remodeled kitchens bathrooms and re did the wood floors, ( all affordable renovations), and increased his rents by over 19%!!!!
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24 September 2018 | 147 replies
My experience is that there is no shortage of deals, money, success etc.
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4 September 2018 | 8 replies
Great place to invest, especially for rentals as I've heard there is a huge shortage in rentals given the demand.
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23 May 2019 | 10 replies
I absolutely thought about somehow getting the money to buy my brother out because we were earning almost 3000 a month and the mortgage including escrow was only about 800 a month (and i have people for repairs so they aren’t too expensive), but the woman who was in charge of the duplex (living trust) while we were too young didn’t pay taxes and let the account accrue an escrow shortage and we started having to pay over 1800 a month just to catch up.
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7 June 2019 | 8 replies
Now the growth of the base up there and housing shortages you may have some long term/ “off season” (non-summer) options, that wouldn’t been a bad thing but w the harsh winters, and likelyhood of cabin fever, is think your market is extremely small and even then, my requirements and checks would wipe out most of those interested.I wouldn’t waste my VA on it though.
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4 June 2019 | 26 replies
Also you can get creative with a 2 or 3 family to get even closer to covering the mortgage because there is such a housing demand/ shortage in the area.
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2 September 2019 | 14 replies
Mind you these are two totally different markets, but as we both know in a military town there are no shortages of renters.
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1 June 2019 | 6 replies
There isn't a shortage of multi-family in the twin cities - it just takes some time finding the right one.