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22 May 2024 | 3 replies
If you need to be local to NJ I would stay and reap the benefits of massive rent increases along with huge appreciation.
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22 May 2024 | 3 replies
It’s greatly appreciated.
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22 May 2024 | 2 replies
Land appreciates in value, buildings depreciate.
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24 May 2024 | 42 replies
It seems that 5 years ago or so, an investor could buy a turnkey rental and see it appreciate right away = investor felt they got a good deal.Today, prices aren't increasing as fast, or as much, so investors aren't seeing that almost immediate increase in the value of their turnkey purchase = they don't feel like they got a good deal.Throw in that it's taking over 30% longer to find a tenant today versus 2 years ago, and investors are even more nervous about their purchases.So, many investors are chasing higher value for their investments via trying to cut out the turnkey operator fees.
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22 May 2024 | 2 replies
Hi John, I appreciate your response and will do!
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22 May 2024 | 3 replies
Any insight would be appreciated!
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21 May 2024 | 3 replies
will appreciate your comments
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22 May 2024 | 3 replies
Appreciate your feedback.