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4 August 2020 | 6 replies
Market in Calcasieu Parish has been ferociously bought for the past five years due to a rush by investors to capitalize on the temporary worker boom brought about by the construction of new LNG facilities.Now that is done and only one new LNG plant being built in Cameron so we lost over 5,000 rental units of demand in less than six months of 2019.In next two years we will see numerous bankruptcy auctions by local Sheriff as over extended landlords are forced to liquidate.Many Sheriff auctions are going unbid right now as we discover the new floor or price per sqft for medium and low income housing.DISCLOSURE: I am a tax deed investor and waiting out the market from that perspective.
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29 August 2023 | 3 replies
Now if takes a week or two or three to order parts or get a tech lined they will just have to suffer and maybe they will think twice about turing the thermostat to 0.
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28 August 2023 | 35 replies
I look at their parking lots, and that gives me a good idea of the number of contractors in the plant.
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1 February 2023 | 29 replies
I worry that if values drop in 6 months the ARV will suffer making it harder to retain 100% of the initial investment.
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19 October 2020 | 31 replies
The cold winds can kill most of the tropical plants around this Latitude.
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21 September 2020 | 22 replies
I'll take one for the team and suffer here in St Pete for the next 20 years or so.
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20 August 2019 | 33 replies
There are thousands of 1-2br's out there and I think (but have no proof) that they will suffer more in the coming recession.I am toying with selling the 4br and moving up to another 5+As far as remote management, being further away means I can't do anything myself, I have to pay someone. i.e. installing a towel rail costs me $50 labor for a handyman to go do it.
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27 July 2023 | 237 replies
I need a book deal. electrolytes. that's what the plants crave.... velocity banking does indeed sound intriguing, until you actually realize what it is.
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2 September 2023 | 7 replies
Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.
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2 November 2021 | 12 replies
As of the most recent revision if the moratorium, you can challenge the hardship if you have a good faith belief the tenant did not suffer a hardship.