Taylor Wong
Analyzing deals in Colorado Springs - Assuming VA as a civilian
6 September 2024 | 9 replies
I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year- Insurance $250 / month- Capex 5%- Repairs/Maintenance 5%- Property Management 10%I've found a couple with a slight positive cash flow (no more than $50).
Nina Penuela
Huntsville, Alabama: Key Market Trends and Data for 2024
4 September 2024 | 2 replies
Neighborhoods near key employers and amenities are particularly in demand.Rental Market:Huntsville’s rental market is thriving, with low vacancy rates and rising rents.
Peter Firehock
Reston Virginia (Washington D.C. Suburb) Buy-and-Hold Thesis
4 September 2024 | 0 replies
*Lake Anna, Reston Virginia*Originating in 1990, The Reston Town Center is a major employment and entertainment hub in the area, with companies such as Google, Leidos, Facebook, Microsoft, General Dynamics, and Fannie Mae, to name a few, more than 50 retailers, including an 11 screen LOOK Dine-In Cinema, CitySwing (Golf Simulator), a seasonal ice rink, many well-renowned restaurants and bars, and other highly attractive amenities such as a full service 243 bed hospital, a new metro, and the Dulles International Airport that is receiving $700 million renovations by 2026*Reston Town Center*Source: Rediscovering Reston-- the First Planned Community in the USSource: Washington Dulles International Airport to Expand Passenger and Cargo OperationsOne of the biggest points of discussion over the last few years has been around the office market, and how the rising office vacancies due to the shift towards a work-from-home and hybrid work schedule have pushed many companies to downsize or relocate out of previously major employment centers.
John S.
I just had 12x "discrimination" lawsuits/complaints filed against me...
7 September 2024 | 36 replies
This 1br1ba basement unit generates $1,800/month so I'm trying to keep it under the radar for as long as possible, especially since I have such a great tenant in there.I recently had vacancy in 1 of the units in my house which is a 3br1ba.
Sanjeev Advani
August 2024 Commercial Real Estate Market Overview
3 September 2024 | 0 replies
As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.
Sanjeev Advani
Office Market Reaches Peak Downsizing: A New Era for Corporate Real Estate
4 September 2024 | 0 replies
However, office vacancy rates remain high and are expected to peak at 19.8% by mid-2025.Larger companies are still reducing space, while smaller firms are shifting toward expansion, having reassessed their post-pandemic office needs.
Graham M.
Current Viability of Long Term Rental Investment in Calgary
3 September 2024 | 10 replies
My personal average for a 2 unit detached is closer to $300, for an older property I think $300-400 is reasonable (not including vacancy).
Jerry Prawiharjo
Discrepancies for PRO membership (RentRedi)
4 September 2024 | 4 replies
The above photo is old copy and has been updated on the following page: https://www.biggerpockets.com/blog/pro-partnersSelf-manage unlimited rental properties – powered by RentRedi.Screen tenants, accept applications, and e-sign leasesCollect rent online without any hidden feesReduce vacancy with syndicated network postings and professionally-designed listingsRentRedi is typically $19.95/month, but Pro members get it for FREE ($240 annual value)Please let me know if you have any issues accessing your account!
Marc Uber
Seeking advice for starting out in real estate investing
5 September 2024 | 15 replies
Below is a diagram illustrating the three main tenant segments in Las Vegas.If you unknowingly purchased a property that attracts the Transient tenant segment, turning a profit will be nearly impossible due to high vacancy costs.
Trina P.
Having a difficult time selling my property in Huntsville
5 September 2024 | 8 replies
I can't speak for all investors, but I know I have become more conservative with the rising cost of construction, interest rates, insurance costs, and vacancy hold outs.