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20 June 2023 | 1 reply
Another option is to install supports on the outside wall where supports are driven down until they hit soil / rock that will provide the needed support.What we found is that the repairs are possible but they are costly . . . one property we looked at called for $35K in repairs making the deal a non-starter.For houses on concrete slabs, there are similar repairs but the key is to get someone that knows the issues and solutions.
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3 April 2018 | 37 replies
And a lot of it is driven by those pesky FENG stocks.
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8 November 2020 | 8 replies
I will provide my answers, with two disclaimers: A. I
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18 February 2023 | 14 replies
I Am extremely driven towards goals and dreams and real estate has all the factors that keep me motivated and excited.
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21 September 2022 | 13 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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14 June 2023 | 0 replies
Market rents also experienced an upward trend, reflecting the growing demand for rental properties.Raleigh's economy is diverse and driven by various industries, including technology, education, healthcare, finance, and government.
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23 June 2023 | 6 replies
If Apartment A is a 2bed/1bath with washer/dryer and Apartment B is a 1bed/1bath with no washer/dryer, Apartment A should pay a higher rate.
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30 March 2021 | 3 replies
But in the long run, the factors that had driven gain in home building during the latter half of 2020 remain in place for now.
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6 May 2021 | 8 replies
It's had a different impact on my market where there isn't a lot of rental inventory and has driven the cost of rent up.
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22 May 2023 | 4 replies
To move this along, several more months have gone by a I received an email yesterday stating that there are additional issues with the city and he will not be able to build there.