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21 October 2015 | 3 replies
hey Logan, I am looking for all the above but agents/brokers who lau a referral fee when deal closes as all my leads have tk buy in under6 months on high end.CMBS lenders but I find that I am right in the sweet sot where my loan ankunts are just not enough to attract them but maybe I could combine a few deals into one or something
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16 November 2022 | 10 replies
Unless, there is a significant reason that makes this deal attractive to you.
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27 November 2022 | 5 replies
The rent compared to the mortgage was attractive because i know i wouldn't have to pay for any of the utilities at all.
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28 December 2022 | 11 replies
I had to lower the rent amount (even lower than the previous rental from the turnkey provider) to attract more tenants.
30 December 2022 | 10 replies
It is a unique space that will attract many Airbnb users.
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4 December 2022 | 15 replies
Cheap properties attract the worst crap garbage loser "tenants" (my term for them is disgusting thieves who lie their way thru life).Your strategy needs some very careful due diligence.
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16 December 2022 | 16 replies
You are buying the property on seller-carry terms that are so attractive that the positives outweigh the negatives (this is a rare situation but nevertheless, we see it at least 4 to 5 times a year for sure).
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8 January 2023 | 40 replies
Some factors that can affect rental rates include:Economic conditions: During economic downturns, demand for rental housing may decrease, which could lead to lower rental rates as landlords try to attract tenants.Market conditions: If there is a surplus of available rental units in a particular market, landlords may need to lower their rental rates to compete with other properties and attract tenants.Property location: Properties located in desirable areas or with desirable amenities may command higher rental rates, while properties in less desirable locations or with fewer amenities may have lower rental rates.Property condition: Well-maintained properties with modern features and finishes may be able to command higher rental rates compared to properties that are in poor condition or have outdated features.Competition from other housing options: If there are other housing options available in a particular market, such as single-family homes or apartments, this can affect the rental rates for housing units.Overall, rental rates for housing may fall for a variety of reasons, but it is difficult to predict with certainty when this may occur.
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6 January 2023 | 11 replies
Or is it your place, is it just too downscale for the rent you are asking for it.What if the rent was $250 a month--would they still flee the area, or would they sign on the dotted like.If it's not price or product, then maybe you are attracting the wrong prospects to the place.People who eat too high on the hog---birds of a feather--sort of thing.As a New England financial consultant I'm assuming you are pretty far removed from the possible renters in this area.If the area is really tough, can you read gang graffiti and discern it from tagging?
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31 May 2020 | 49 replies
I specifically target 10-30 unit properties because I find that they are usually too intimidating for smaller investors and are not as attractive to large multi family investors.