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4 August 2024 | 15 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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6 August 2024 | 28 replies
They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck
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31 July 2024 | 7 replies
I offer TLAs in Bad Kreuznach and Wiesbaden as well.
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2 August 2024 | 16 replies
On 5+ units, 75% max is possible as well.
31 July 2024 | 20 replies
Pricing and vacancy trends are hyper local but I've had to drop my rates significantly from last year's rates and I still have more vacant days in August than I have ever had in over 10 years.
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30 July 2024 | 30 replies
how long do batteries last?
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1 August 2024 | 7 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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31 July 2024 | 15 replies
I will have to keep the water in my name but I was also just thinking of keeping the electric in my name as well since there is just one dryer and I don't want one of my tenants to have to pay for the other one's dryer usage.
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2 August 2024 | 18 replies
That worked well for my client's specific circumstances but certainly would not work for everyone.
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1 August 2024 | 13 replies
Construction costs are up about 40% over the last 4 years.