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22 May 2024 | 8 replies
As someone that's traveled (13 year Army veteran), I saw the value and still think prices here are extremely reasonable for all the natural beauty and access to amenities.Interest rates have priced a lot of first time home buyers out of the markets.
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22 May 2024 | 19 replies
Example, Property manager A has their own employees, and their rate, 24/7 is $125.00 plus parts.
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22 May 2024 | 7 replies
Great nightly rates and occupancy.
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22 May 2024 | 7 replies
It’s crucial to analyze local trends, such as population growth, employment rates, and new developments, which can impact rental demand.
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22 May 2024 | 13 replies
Loan rates for owner occupy are lower than investment rates.
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22 May 2024 | 10 replies
At current rates, it would be extremely difficult to have maximum leverage and have any property pay for itself through normal rental income.
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19 May 2024 | 3 replies
I currently have an interest rate of 10% from Live Oak Bank.
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23 May 2024 | 80 replies
Those people just put their cabin on whichever local PM gave them the best sales pitch, and most of them charge 40% (although now they are doing "introductory" lower rates for the first year if you sign a 2 year contract.
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22 May 2024 | 1 reply
Mixed-use developments and spaces that can easily transition between commercial, residential, and retail uses are gaining traction.Key Takeaways:Design spaces with adaptability in mind to accommodate different tenants and uses.Consider mixed-use developments to diversify income streams and reduce vacancy risks.Strengthening Tenant RelationshipsBuilding strong relationships with tenants can lead to higher retention rates and stable income.
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22 May 2024 | 5 replies
I decided to raise their rent $500/month, even though market rates for comparable apartments in that area are $200-$600 higher than that.