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13 May 2024 | 12 replies
Here is a map of 2018 closings to show you what I mean:For 2018, there were 418 closings in this region.
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15 May 2024 | 12 replies
Commercial debt is dicey right now to say the least ... when John Kane can't get a lending partner to execute a project (Downtown South) it should be no surprise that smaller regional and local builders are struggling also.
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14 May 2024 | 10 replies
A lender may also want stronger debt coverage ratios and be tougher on appraisals because they will have more work involved securing several properties if things go south for any reason.Your loan amount is rather small for a blanket loan, you should have better luck with a small lender/bank or regional bank as many larger lenders may want a minimum loan of $500K or 1M.
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14 May 2024 | 15 replies
This fact will help every employer in the region keep and attract the employees needed to make them successful.The Realtor.com analysis of Toledo notes that we’ve seen our “share of troubles over the past few decades,” but the real estate market has remained resilient with good options in the city and the suburbs.
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15 May 2024 | 16 replies
Take a look at the lakes region area of NH.
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14 May 2024 | 21 replies
Your household names: Ernst and Young, Deloitte, KPMG, etc all offer audit services, as do your regionals like Grant Thornton.A full audit will typically consist of spot checking everything from invoices/receipts tying out to specific checks paid by accounts payable, and down to leases being input into the system, and tying rent payments to cleared checks.
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13 May 2024 | 3 replies
Ike - I'm with Doug on this one.Credit Unions / Local / Regionals are great if you have a pre-existing relationships.
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13 May 2024 | 25 replies
We work with a Regional bank and it's been a good ride.
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13 May 2024 | 18 replies
You are correct that this region mostly serves people driving east toward DC for work, so very different from the rest of WV.
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13 May 2024 | 19 replies
TONS of SFR listings in the Troost corridor heading up to the river and then curving East along independence Ave.But they present many challenges; vacancies (due to below C market tenant pool), increased maintenance and repair costs (due to below C market), and increased cap ex due to homes in this particular region being older (many century homes).Then, even if at the end of the year it does well from a financial analysis standpoint, you may struggle to find the necessary and diligent and high performing property mgmt necessary to manage said property…so then if you self manage OOS, you will need a strong ‘boots on the ground’ team.many challenges come with these ‘$ sexy’ properties.