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6 September 2024 | 5 replies
Some counties in Virginia loves them because they have little employment so no big population increase = more burden on schools and the tax basis is very high because of the personal property inside of them so they pay a lot in taxesAs you mention need to be near a power source and I spent 5 years trying to get one approved in 30 acre parcel that the county wanted the site for something else - so they can be challengingTo get zoning approved
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3 September 2024 | 2 replies
However, I do think if you can hold out for 1-3 years you might see rates drop a bit and insurance drop a bit, and I feel pretty confident we'll start seeing 3%+ organic rent growth per year in the next 2-4 years again.
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6 September 2024 | 4 replies
I saw in my local newspaper about a home going up for foreclosure and I think it has the possibility of being a good starter investment for me.
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4 September 2024 | 0 replies
One challenge we encountered was managing the renovation timeline to meet market demand.
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4 September 2024 | 9 replies
I am 98% in the Tampa marketHowever, I am originally from Atlantic City NJ area and actually manage 1 outside of AC and had previously managed a couple in the Long Beach Island area.Obviously very seasonal market but the one I have in Ventnor was bought for around $800k and grosses around $120k per year, 80% coming MDW-LDW
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3 September 2024 | 20 replies
So I did, 1 is okay & the other flopped and is flopping.
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4 September 2024 | 1 reply
As summer winds down, here’s a look at how things shaped up this season.Most property managers reported occupancy rates being down by 10-12% year-to-date.
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3 September 2024 | 2 replies
Buyers could then negotiate and pay the buyer agent’s fee out of pocket or go without an agent, managing their transaction on their own.
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6 September 2024 | 64 replies
Hello,My wife and I were on the fence on going.
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2 September 2024 | 4 replies
My question is, can I pay my husband, who is not on the title, as a property manager for his time cleaning and repairing a unit I own?