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31 May 2024 | 8 replies
@Jim Miller Lenders tightened requirements and limited products since rates went up.
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30 May 2024 | 47 replies
I see vacancy rates going up and rent going down in the next few years, along with depreciation.
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31 May 2024 | 25 replies
@Andrew SullivanTo begin in real estate, check your financial situation first, learn a lot, start with small steps, look into smart ways to fund your investments, pick the right places to invest, have clear aims, join groups of local investors, take smart risks, keep going even when it's hard, and be ready to change.
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29 May 2024 | 6 replies
For a rehab loan, generally the minimum is $100k (including a % of the purchase price and rehab funds).
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31 May 2024 | 2 replies
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31 May 2024 | 42 replies
Especially if the CPA/firm is working on a (high) flat fixed rate.
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1 June 2024 | 4 replies
In some cases, the reverse will be true and high activity levels may lead to an increase in the published rent rate.
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31 May 2024 | 7 replies
@Nathan Gesner I agree, because my rental is a business and I shouldn't waver away from the screening process even if its just a trusted contractor, but funding is what we need and I heard the SBA is a good source but is slow, thanks for responding.
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31 May 2024 | 10 replies
Lots of headwinds facing real estate, like the following: Inflation Consumer Debt Lack of consumer liquidity-- renters don’t have first and last month’s rent, let alone a down payment to buyOwners interest-rate lockedOversupply of class A multifamilyStagnation of rent growth on assets aggressively underwritten at acquisition Maturation of term debt combined with stagnant rent growth against a backdrop of rising debt rates =investors unable to meet basic debt coverage service ratios on refinance Market normalization forcing operators and investors to rely on market fundamentals (recently) forsaken, while prioritizing expediency of deploying capitalInstitutional and local investors are both frozen by volatility and cost of capital and debtAll that being said, we feel good about B and C class assets we focus on and the markets we are in. let's connect soon