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4 April 2017 | 9 replies
I talked to @Joel Owens and he states that centers under 2M or so are in high demand by investors.
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8 April 2017 | 6 replies
We have found the following benefits:1) We can demand an extra $30 - $50 per month in rent for the convenience of en-sute laundry;2) Tenants pay their own electricity, hot water and, if sub-metered, water costs related to laundry;2) In small residential buildings (like your quad) we often no longer require an electrical entrance for the house;3) Vandalism of the laundry machines is non existent {though it was never significant} ... if something happens to a machine, we know who is responsible.4) High-efficiency residential laundry units are 50-70% the capital cost of equivalently performing commercial coin-op machines {between the extra rent and depreciation, we find the machines are paid-off in ~2.0 - 2.5 years}.
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21 July 2017 | 17 replies
A good contractor will be in higher demand and can much more easily pass.
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15 April 2017 | 29 replies
Not enough single family homes to meet the demand (3.5 months of inventory on MLS).Climate vs Maine will be vastly different (hot and humid) but culture will be very similar.
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7 April 2017 | 9 replies
I would check on the demand for what you have for possible rental.
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30 January 2022 | 4 replies
This mixture is usually the best and helps with up front cost to you since you can start with basic camp sites like state parks which are very low cost and then phase in the other areas when demand is there.Natually the cheap sites rent cheap and higher cost rents higher.the mixture is the key because there are all different styles of camp life.Ok, that's construction.
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6 April 2017 | 4 replies
Granted it currently has a tenant that pays rent that is actually above what I would say the property demands.
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6 April 2017 | 0 replies
We are looking at two different deals/scenarios.SFR 3/2 $200k, 20% down ($40k), 5% int, 30 year fix, $5k initial expenses, $45k cash to purchase, rent $1650, NOI $1106, cash flow $247/mo $2,969/yr.New Commercial Condo 1100 sqft, $143k + $10k mezzanine + $23k build out finishes ($176k total), 25% down ($45k), 6% int, 25 yr amortization 5 year term, annual total rent $20.18/sqft, rent includes $8/sqft NNN (includes roof, parking lot, landscaping, common area property tax, unit property tax), NOI $1093/mo, cash flow $240/mo $2,884/ yr.Both scenarios exist in growing high demand markets near Denver.
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10 April 2017 | 25 replies
The market isn't in balance from a supply/demand perspective, so it's not dissimilar from the jobs market today.
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7 April 2017 | 6 replies
So my feeling is that there will not a major correction nationally like in 08, but local markets may shift based on supply and demand, just like they always have.