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31 March 2020 | 1 reply
Google Trends chart for "Can't Pay Rent" is higher than its ever been, even going back to the great financial crisis.
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2 April 2020 | 12 replies
Maybe an a/c is slightly more expensive if you have to cool a larger area and of course flooring and roofs are tied to the size of the house, but Capex wouldn’t be 4x as expensive in the second house, right?
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31 March 2020 | 2 replies
Address, rent per unit, unit size, etc?
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5 April 2020 | 6 replies
Add that to the high number of hourly and tip-dependent workers in tourism and restaurants, and the Miami-area ends as the third-most economically exposed cities in the U.S.For the local multifamily market, that may spell trouble.The study, San Francisco-based apartment search platform Apartment List, ranked the Miami metro area of Broward, Miami-Dade and Palm Beach counties just behind Las Vegas and Orlando when it comes to the size of the population most at risk economically from the coronavirus crisis.
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2 April 2020 | 7 replies
With 2 or more bedrooms, there is typically more stabilized renter and someone who will stay longer. 1-bedroom renters tend to be more transient and more expensive because of the transition time between leasing contracts.When the average unit size is above 750 sq ft, units are easier to rent and keeping the occupancy rate higher.
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8 February 2021 | 88 replies
So, he went miles out of the area to find a few other homes (these were fixer-uppers) at that size and the appraisal came in at 160K.
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4 April 2020 | 11 replies
Find a property as close as possible in terms of distance apart, class neighborhood, size, and anything else that would impact the rent.
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2 April 2020 | 13 replies
I was hoping someone knows of a site I can look into what other like-size/condition rentals are under lease for in my area.
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6 April 2020 | 13 replies
Definitely agree there is no one size fits all approach to underwriting in any market, but also looking to get a sense for what changes we're bracing for at this early stage.
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3 April 2020 | 27 replies
REITs are garbage as they make most of their money on the fund size; not based on how the investments individually do.