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28 May 2019 | 1 reply
Rent increase at the level of inflation, while mortgage costs stay constant, your cashflow should increase right?
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29 May 2019 | 4 replies
I went from BANKRUPTCY to over 1,000 apartment units.Here's my story:Part 1 - https://www.biggerpockets.com/forums/55/topics/690349-from-bankruptcy-to-1-000-units-part-1-thru-the-dark-tunnelPart 2 - https://www.biggerpockets.com/forums/55/topics/692382-from-bankruptcy-to-1-000-units-part-2-rising-from-the-ruinsPart 3 - https://www.biggerpockets.com/forums/48/topics/695243-from-bankruptcy-to-1-000-units-part-3-how-to-build-an-empireBut to answer your question - here's a question: what is your WHY?
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28 May 2019 | 10 replies
Tell them due to the rising cost of maintenance went up and the price has to go up too.
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29 May 2019 | 4 replies
highlight_post=4202298&page=1#p4202298I'd assume that rents would rise, evictions would rise (because landlords would be punished by code complaints that are caused by tenants - which the vast majority of those in Memphis are), and there would be higher vacancy rates/times because of increased rent/deposits.We had a meeting with government officials last week and they couldn't tell us any of this info and pretty much just said that this was the new "best practice" and "other cities were doing it".
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1 June 2019 | 3 replies
For those local here, it is evident that the university students are on the rise each year, with all new buildings and facilities opening around the area related to the campus.
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2 June 2019 | 11 replies
In worst case scenario lender wants to breakeven on the mortgage if it becomes non-performing instead of taking a big loss.As STNL primary lease term winds down cap rate tends to rise as financing is difficult and more cash buyers needed.
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3 June 2019 | 3 replies
With a team of appt setters and low level warm lead generators, this would be a solid business model I would think.Problem is, everybody knows it's a hot market and prices have been rising for years so they want the moon for their property.
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3 June 2019 | 9 replies
Texas does not have double property tax for landlords/investors.Texas provides an exemption and a yearly cap for owner occupants(Homestead) that provides a small discount on property taxes and a 10% yearly cap on the rise of the appraised value
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24 July 2019 | 15 replies
There is a generation of younger renters and a generation of impoverished longer living senior citizens and neither segment is happy with the rising rents.
16 July 2019 | 0 replies
The tried and tired is a safe bet until there is an economic shift, but the authentic and impactful rises above the rest in any stage of a cycle.