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27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
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18 January 2025 | 8 replies
You're running a business...you are not a social services provider.
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19 February 2025 | 22 replies
No we don't believe or expect to get a 5 every time but we do as if we did as this help us all ensure that we provide the best product and service to our guests and we'll have the best rating we could, even if it's not a 5.
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24 January 2025 | 5 replies
The idea is to use this property as an office space, giving me the separation I need from home while providing a place for my assistant to work where I can be more hands-on with them.The business would pay rent for the property, which would cover its expenses.
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20 January 2025 | 9 replies
He provided great guidance and support while I was starting out in the "private capital" space which has allowed me to achieve financials prosperity in just 4 short years.
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17 January 2025 | 10 replies
I filled out their survey and provided some constructive feedback, even though I don't own a STR here.
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21 January 2025 | 6 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
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18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.
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17 January 2025 | 1 reply
Thanks for any help you can provide!
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22 January 2025 | 8 replies
I also hold a couple of real estate forums in the area for people like yourselves to connect with service providers, GC's, etc.