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4 April 2024 | 1 reply
Temple university is an interesting market and right now is facing lots of surplus of inventory and falling prices both in rent and sales price.
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2 April 2024 | 5 replies
I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!
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5 April 2024 | 28 replies
It starts with decline in morals and values with increased promiscuity and violence.
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3 April 2024 | 4 replies
I want to protect myself and my family from an increased mortgage through refinancing later.
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3 April 2024 | 36 replies
Efficient property management may save expenditures while increasing cash flow.Cash flow can be impacted by risk variables including market circumstances, economic downturns, and unforeseen costs.
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2 April 2024 | 12 replies
It's not just sales but rentals too.On the supply side, it's not like old houses are crumbling to the ground, conversely there's been a ton of redevelopment and new development activity since the pandemic started.
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3 April 2024 | 0 replies
We also increased curb appeal with landscaping (there was ZERO), a ledge-pack driveway, and a fire pit area.
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3 April 2024 | 2 replies
I know it's talked about all the time, but I recommend people leave their equity and focus on increasing income, cutting expenses, and saving for the next investment.
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3 April 2024 | 29 replies
While it would impact some business plans more than others, its probably possible to function with 5-10% a year rent increases allowed and vacancy decontrol, but if we get the more extreme variety like what the far left wants (inflation or less for increases, no vacancy decontrol, etc) it will be bad.
3 April 2024 | 8 replies
The general interpretation of simultaneous for purposes of the 1031 is that both sale and purchase are under contract and close within a day or two of each other with the funds being sent directly from the sale to the purchase escrow.