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4 October 2024 | 9 replies
However, the short-term rental market comes with added complexities like managing turnover, dealing with seasonality, and ensuring you comply with local regulations.
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2 October 2024 | 8 replies
I see a number of economic development and community vitality initiatives initiated circa 2020, including a community master plan, the development of the MetroHealth complex and associated green space, the Community Housing Plan 2030, 25Connects, Mayor Frank Jackson's Neighborhood Transformation Initiative, and others.
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2 October 2024 | 0 replies
With a reliable power team by your side, you'll be well-equipped to handle the complexities of real estate transactions and achieve your goals.
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28 September 2024 | 5 replies
I have several commercial transactions pending and as recently as this week clients are obtaining much improved terms:- 25% down on a 20+ unit apartment complex at 5.5% Down 25 year amortization. - 25% down on a 20k SF Warehouse at 6% 25 year amortization. - 30% down on 200+ storage unit complex Earlier this summer those rates were approaching 7.5-8%We anticipate a very active fourth quarter.
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4 October 2024 | 15 replies
That was one of the attractive points for me, since several other deals I joined in the last few years have had capital calls due to increased debt costs.One concern I have is that, while they claim vacancy at the property is 7%, I see quite a few listings on apartments.com for the complex that indicate a higher number.
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1 October 2024 | 9 replies
If there is a strong offer with high down payment and good purchase price and fast closing or fast inspection periods and no closing costs requested, reach out to the Loan officer and ask any other questions which will not break any laws.ALSO - ANYHING CAN BE ENTERED INTO THE SYSTEM TO MAKE THE DU LOOK SUPER SWEET SO IT REALLY DOESN'T MEAN ANYTHING IF THE LOAN OFFICER IS BEING DECEPTIVE.
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2 October 2024 | 6 replies
Yes, look at properties in Galveston, 6102 Sea Wall Blvd, Galveston, this complex allows STR's, we can do STR no seasoning DSCR loans if you are interested.
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1 October 2024 | 1 reply
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.
2 October 2024 | 28 replies
I think its highly regional.. if your in Napa or Sonoma people go there to drink wine.. so I think it would be no issue.. same with Walla Walla area of E Washington. not sure how anyone drinks those sweet wines though you get back east LOL..
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1 October 2024 | 8 replies
They will decrease in value because there is always a better complex in an area like that.