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18 December 2024 | 3 replies
.- Multiple other thriving business district areas (Carlyle / Eisenhower, Potomac Yards, National Landing), but especially Old Town Alexandria, are experiencing massive infrastructure and business development over the next decade, which will greatly boost tax revenue for the city over time.- Generally landlord-friendly state, no rent control- Secure government jobs/contracts make the real estate market much more resilient to recessions / major corrections- 15-minute drive to the Capitol of the United States- 4 Seasons- 15-minute drive to Arlington, Virginia (Amazon Headquarters 2 ((2017 announced, 2030 is bringing 25,000 new high-paying jobs to the area)), Boeing Headquarters (2022), Microsoft Headquarters (2021), CoStar Headquarters (2024), Bloomberg Headquarters (2017 expanded), Deloitte, and the list goes on)Thesis:Although more companies continue to go back to the office, there will be a shift toward a good amount of workers being able to be in hybrid roles.
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19 December 2024 | 13 replies
In other words, if you don't fill your unit in the slow season because you're afraid it will cut into your high season revenue, will the high season revenue more than cover the difference?
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20 December 2024 | 3 replies
The "rent" is 3% of the gross revenues generated by the property.
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17 December 2024 | 20 replies
We aren't in "US is going to default and is an inherent credit risk" at 6X national debt to tax revenue ratio, but we are getting close to "let's be wary" territory for creditors.
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25 December 2024 | 28 replies
Dumb question, but is asking a police officer to swing by just to assess if there is weed (quick smell test) be too much/a violation of anything/asking for trouble?
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23 December 2024 | 1 reply
Are you asking as a buyer, or as a loan officer?
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25 December 2024 | 11 replies
Check with your Section 8 office.
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23 December 2024 | 2 replies
A friend of mine rented her property near a base and connected with military housing officers at the Family Support Center, which helped secure steady tenants.
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18 December 2024 | 13 replies
Fantastic tenants and the home brings in solid revenue.
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15 December 2024 | 13 replies
But is the issue that the 100k you're describing isn't gross rents, its gross revenue?