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4 June 2022 | 40 replies
Doesn’t matter what was said or done a year ago.If you believe the property doesn’t make sense at a 8% higher value, you shouldn’t buy it.To present a different perspective……Based on my experience, multifamily values have increased by way more than 8% over the past year in most locations.So if it was a good buy last year, I suspect it may still be a good buy at 8% more even with higher interest rates.Something to consider:Is the current rent roll higher or lower than it was a year ago?
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11 June 2022 | 1 reply
Hi Sarah, an appraiser will likely not comply with your request - I suspect this has to do with obtaining comps.
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4 June 2022 | 5 replies
I suspect this is going to be long, so be prepared or close this up now - lol.
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13 June 2022 | 2 replies
This isn't limited to those with large portfolios, but I suspect people with smaller portfolios will have less cashflow available for something like this.Please refrain from answers with little detail (ex.
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12 June 2022 | 5 replies
I have no personal experience with this, however I suspect your acquisition will reconcile the bulk of those liens.I suspect there are liens on tax, solar, and some form of second on this property.
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29 June 2022 | 4 replies
what I suspect is your expense estimates are way too low for the long term with 2 units.
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14 June 2022 | 2 replies
I suspect he's either rude to her or - more likely - making inappropriate comments.
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26 June 2022 | 15 replies
Here in my neck of the woods of the rural Northeast I suspect many newer STRs investors are about to find out what occupancy looks like when there’s 2-6x more inventory, rapidly-increasing regulations, and small towns worried their “character” turning to a new industry of site scrapers to auto-enforce local ordinances/regulations on occupancy caps and others.
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5 February 2022 | 8 replies
I suspect you will see private money be some quite interested in second homes over a 69 ltv as those yields should be enticing.
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4 February 2022 | 1 reply
The amount of land initially purchased had many suspecting Tesla may have had larger plans than the Gigafactory alone.