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29 January 2025 | 31 replies
Sounds weird, but true.
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17 January 2025 | 10 replies
A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.
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19 January 2025 | 18 replies
I am finding the market challenging especially as it relates to cash flow.
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25 January 2025 | 155 replies
That's SO true, isn't it?
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21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
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11 January 2025 | 13 replies
The challenge we're facing is the lack of short term rental data for the appraiser, and we won't know if it will meet the debt service coverage ratio (DSCR) requirements until the appraisal is complete.Has anyone dealt with a similar situation?
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15 January 2025 | 34 replies
They do not want to reveal the money trail (true source of funds).
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18 January 2025 | 13 replies
Quote from @Jonathan Bombaci: @Scott Trench Challenge accepted!
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13 January 2025 | 0 replies
Back in 2018, we encountered one of the most unusual title challenges we’ve ever faced while working on a multifamily wholesale deal.
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5 February 2025 | 69 replies
Bottom line - there have been a number of challenges in Cape Coral over the last couple of years.