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7 January 2025 | 5 replies
But if you know any other resources or great spots to get started, please share them!
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5 January 2025 | 8 replies
The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.
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1 January 2025 | 27 replies
Any tips or advice?
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2 January 2025 | 0 replies
I’m happy to share my own tips and experiences as well.
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2 January 2025 | 1 reply
After tons of research, we've found that the resources, tools, and ongoing support they provide are truly unmatched.
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12 January 2025 | 12 replies
There are tons of resources on here for the FL area and I'm sure you'll be able to build out your team.
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26 January 2025 | 3 replies
With a large portion of the incoming migration coming from international residents moving to the District, emphasizing improving and bringing back Washington D.C. sports teams to the city should create a strong desire for domestic residents to want to live near a fun, community engaging activity that is very relevant to those that live in and around the city.The District also has other programs it is running to make the District more attractive to live in outside of just working in the area, such as the Office to Anything program (Source) and the Housing in Downtown program (Source) which will incentivize developer through tax credits to convert office buildings into new construction housing and new construction retail properties, which should continue to attract more residents back to the area.D.C. also understands that with all of these big changes we have seen, the strategy and allocation of resources from the government moving forward should be reassessed to create a city that is adapting to the future trends to remain a safe and desirable place for residents to live.
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3 January 2025 | 14 replies
Oh wow, absolutely love all of these tips and details!
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9 January 2025 | 9 replies
Seems like relationships are just as helpful as online resources.
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9 February 2025 | 36 replies
Certainly not impossible, but the multifamily market (especially for larger properties) is pretty active and below-market purchases, while possible, don't happen as often as they might in the smaller property space.Pro tip: If you still like the idea of purchase cap rate, use stabilized yield on cost instead.