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8 February 2024 | 0 replies
The overall vacancy rate increased to 3.09%, indicating there is still strong demand for rental properties in the area, but it is important to keep in mind the rent rate and vacancy data only include 80+ unit properties that are stabilized at 90% occupancy.
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9 February 2024 | 7 replies
If no one speaks up as having any experience, and you are looking to invest, you can ask him for his track record of ALL deals, with basic performance numbers (ROI, MOIC, IRR, AAR etc.) for both LP and deal level, and the original pro-forma goals per each; including unsold items.
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9 February 2024 | 11 replies
All of these are reasonable things for a LL to cover.One way I help control repair requests is to include clear statements about what I am responsible for and what my tenant is responsible for.
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8 February 2024 | 3 replies
Reasonable accommodation may include waiving or varying pet polices and fees to allow an Assistance Animal.
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9 February 2024 | 10 replies
Making wise judgements will be made easier for you if you comprehend the dynamics of the local market.Establish connections with local real estate experts, including bankers, property managers, and brokers.
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8 February 2024 | 10 replies
I've included a list below.
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8 February 2024 | 30 replies
With us, the project cost includes in-house design fees, permit expediting, construction costs w/ a licensed GC, and structural/T24 survey consultants.
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8 February 2024 | 18 replies
There are lower priced properties that will still rent at a nice profit market when including mortgage, taxes, other expenses.
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8 February 2024 | 12 replies
Here is what I was quoted :$240k structure coverage + 25% ($60k) (I imagine ARV to be ~$120k-$130k)$2500 personal property$24k Rental coverage (I'm expecting ~$1300/month so this may be high)$300k liability insurance (Although it's $1 difference/month for $1m)Sump/water pump coverageTotal = $117.72 This quote included the deductions for an alarm service and fire alarms equipped throughout (Do y'all usually equip your rentals with alarm systems?)
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8 February 2024 | 1 reply
When you rent this unit are ALL utilities included because you are budgeting to pay ALL utilities out of this meager $991 in rent.