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16 May 2024 | 4 replies
I agree that making the bathroom match the rest of the house will look better.
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16 May 2024 | 74 replies
Very informative and gives an interesting look at investors' experience in this market.But courtesy first, my husband and I are "out"-out-of-state investors, looking for deals in NE and East of Downtown.For the past 3 months, we've been researching and submitting offers on properties to match the COMPS and rejected.Our budget is about $100K, stretching it to 120K for the right property + rehab.The problem is that we had to offer low-balls for the numbers to work, and then get rejected.It seems it's a narrow fit to BRRR, hence the cashflow is "on edge" here.Doesn't appreciation suppose to be the icing on the top?
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13 May 2024 | 3 replies
Are there platforms out there specifically getting investors matched on a per-deal basis?
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15 May 2024 | 4 replies
We intend to give them the option of moving out or new contract (increased rent to match the market).
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15 May 2024 | 2 replies
Also, be sure to ask what their screening criteria is and how they will collateralize you if there is a tenant that maybe doesn't match their standard criteria.
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15 May 2024 | 11 replies
Trying to time the market is a fool's errand and besides you might not like what is on the market three years from now. if something matches your needs and desires perfectly and you're ready to go - go.
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15 May 2024 | 14 replies
Also, if the highest bid doesn't match your minimal price to make a profit - well, you're under no obligation to "sell to the highest bidder" (even though that's what your ad promises?
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15 May 2024 | 3 replies
If your operating costs are below the market, your NOI will likely be matched closer to the appraisal's market rents.
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16 May 2024 | 8 replies
Consistent search volumes for rental-related queries like "apartments for rent Syracuse NY" match well with the demographic profile, indicating ongoing interest in housing in this area.Supply and Demand DynamicsBuilding Permits: A notable surge in building permits in 2024, particularly for 2-unit and 5+ unit multi-family structures, notably in zip code 13224, signifies both growing demand and increasing supply, potentially influencing market prices.2024Total Units56Units in Single-Family Structures4Units in All Multi-Family Structures52Units in 2-unit Multi-Family Structures32Units in 3- and 4-unit Multi-Family Structures0Units in 5+ Unit Multi-Family Structures20Google Search InsightsSearch Trends: The terms "luxury apartments Syracuse NY" and "new apartments Syracuse NY" show increased interest, particularly with searches peaking for new construction assets.
15 May 2024 | 8 replies
Saw one property listed in Dallas that looks like a match to your property (3/1, 2900 ft2) . . . is that the one you are looking at?