You can buy title insurance, but most people do not. 2) The tourism market is steadily increasing without a concomitant increase in the numbers of rooms, there has actually been a decrease is rooms over the past few years, as people have been moving there full time and taking those condos out of the rental pools.

Just sayin'....If you are really worried about this, decrease your PMs reimbursement by the estimated amount of the monthly laundry income and let the PM keep the quarters.

Decreased?

ARV based on realized financials projected to be $3.1 million which is substantially higher than our original proforma projections due to increased revenue and decreased operating expenses.

Hi everyone, Investing in properties in markets where financing has been shut off presents investors with the opportunity for high capital gains.When mortgages were cut off in Argentina in 2018, property purchases decreased by 40%, and prices went down by 20% within 18 months.Mortgages are expected to return at some point between 2024-2027.

That mortgage is risky, as the income to pay it may decrease or go away.

Our LTRs experienced no rent decrease but did not have the usual rent increases during the GR (basically my LTR units' rents were flat).Note 2020 was also a bad year due to California Covid restrictions and closures. 

STRs are slowing down all around the country due to decreased demand and increased competition so don't feel bad if you didn't meet your initial estimates. 

@Mike Dami look at job growth, population increasing/decreasing in the past 5/10 years, new supply/demand, absorption rates, historical vacancy rate, median income and compare it to the national average, look at the comps,Just a few to help you narrow down your conclusion.

When you can start the foreclosure process is typically 6 months after the tax sale but that can increase or decrease based upon occupancy / vacant building status and compliance with various notice requirements.Once you have liens to foreclose there are actually only a handful or two of attorneys in the City who specialize in tax sale foreclosures...