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18 April 2020 | 2 replies
When that happens, the real estate agent can win a client for life. 1.Seller ContributionsOften misnamed "seller concessions" seller contributions are really a range of incentives or other financial offerings designed to make the deal more attractive and doable for a buyer.Seller contributions that make a deal more attractive must address market conditions while also meeting lenders' requirements and disclosure requirements.Opportunities"Closing cost credit reduces the cash the buyer must contribute at closing without lowering the sales price.
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21 April 2020 | 10 replies
Price point is very attractive for investors making it a lower barrier to entry as well as higher cash on cash returns then other markets!
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21 May 2020 | 7 replies
I was just wondering if you had any experience with seller financing and how can I make this offer as attractive as possible without using too much of my capital?
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2 June 2020 | 9 replies
Hi Joe,According to Reuters, it looks like there may be political factors who see a benefit for themselves in not working to stop the problems. https://www.reuters.com/article/us-minneapolis-police-biden-bail/biden-staff-donate-to-group-that-pays-bail-in-riot-torn-minneapolis-idUSKBN2360SZThe long term effects, it's hard to tell.The short term effects (when its over), we might see revitalization money offered to the commercial neighborhoods that suffered some burning, but if those neighborhoods are in lower socioeconomic areas the offers will probably (as usual) be small and more tied to attracting votes to the offerors than any real needed amount based on an analysis of the area.
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22 June 2020 | 12 replies
So basic economics...less demand...lower price/lower rent.While no deposit is attractive to many renters, the $150 admin fee is offensive to many.
11 June 2020 | 1 reply
I'd say 5% would be very attractive, and 8% would feel a little high, so that's a realistic range, though it's tied somewhat to your financial strength as a borrower (this range will also fluctuate with market conditions, so if you're reading this post in the future: 1) Congratulations for surviving 2020!
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17 June 2020 | 13 replies
I buy Class B properties in Atlanta MSA, and prefer this class over Class C for several reasons:- class B assets usually have less deferred maintenance - class B assets tend to attract higher quality tenants- During COVID, Class B collections were the highest in the U.S, following by Class A assets, then Class C (which usually attracts tenants from the service industry and low paying jobs that got hit the hardest)
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12 September 2020 | 5 replies
If you will be renting out the property, choose a neutral color that most folks find attractive so that they won't paint over it.
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6 September 2020 | 12 replies
. - Cover the block exterior with a more attractive (and less prison-like) exterior.
11 September 2021 | 13 replies
@Christina HallThey banned any new STR permits indefinitely except in a few tourist commercial zones or those where hoa’s allow them.