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28 October 2022 | 9 replies
Evidence of that growth abounds:Self-storage occupancy rates and rental rates in a number of U.S. markets reached record highs.Demand for self-storage keeps going up thanks to an array of trends, including the overall downsizing of baby boomers’ households, the general preference among millennials for renting apartments versus owning homes and the sustained mobility of American workers.Over time, self-storage has demonstrated that it’s a recession-resistant sector.In short, self-storage furnishes a wealth of reasons why acquiring an existing facility or building a new facility can open the roll-up door to attractive investment gains.Good luck!
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25 October 2022 | 1 reply
Hi Lowell, I would love to help set you up with the right folks and make sure that you are following the path of least resistance to get this done as quickly as possible.
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28 October 2022 | 9 replies
I think the prices are stable but it's very hard to find data for Kamloops real estate - I think our next step would be to look into if the weather plays a role/ students starting university - which might mean pushing it to the summer.
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31 October 2022 | 5 replies
I also think it provides you with the cleanest off market pitch: I think your house is worth $600k and I can help you sell it for that—it'll take some time to clean it up, we'll have folks walking through for a few weeks or months, but I think you can get $600k—if you want to sell it today, I can buy it, but I am an investor and need to weather the risk, so I can only offer $550k.
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27 October 2022 | 1 reply
Winter weather property dilemma: I am ready to invest in a Level 2 EV charger that can be used by any tenant in my triplex.
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31 October 2022 | 7 replies
If this is the case, they may build up their portfolio and then back away from any new business going forward, or even start to non-renew accounts in certain areas that are more prone to certain weather related events.* New director/VP of underwriting who's had a bad experience with the landlord policies in general, and has brought that hesitation to the company.* Something material has changed about the account (values have exceeded their acceptable threshold, total insured value is too large for all properties combined, liability issues have arisen in the area where your rentals are located, etc.).* Carrier gets uneasy about an exposure at one of your properties (you allow certain dog breeds, you don't require tenants to carry renters coverage, you have a pool at one of your rentals, etc.).* Carrier inspected some of your homes and didn't like the exposures or condition of the homes (roof is too old, plumbing/electrical concerns, overgrown trees around the home, other hazards, etc.).
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15 February 2022 | 4 replies
Better to partner and get 50% of a deal and be able to weather a storm than 100% and get crushed.
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23 February 2022 | 9 replies
Do you guys have the w2 income, career, or job to weather feeding this for 2-3 years (keeping in mind new owners will bring out the repair requests from the tenants)?
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12 April 2022 | 19 replies
Sorry to say to a YT's and doom-preachers slopping there BS of housing collapse around, the data, history and economics ALL say different, they speak to INCREASE in housing costs, weather you can afford them or not.
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11 March 2022 | 1 reply
Hey Everyone,I wanted to pop on here to ask for some advice / see everyone thoughts on the crazy real estate environment currently in South Fl. I just finally got an offer accepted on a condo in Tequesta 2/2 and had t...