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16 February 2020 | 3 replies
As someone who has done hundreds of these deals, I must say I find it odd that the owner is demanding this.
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24 February 2020 | 14 replies
Check with DOT for any road widening that might take some of your land and reduce down the amount of parking spaces available.Make sure newly signed rent for that box building size is not inflated for the area where the seller in exchange for TI's is getting inflated rents to sell off to a buyer.
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3 March 2020 | 23 replies
Even odds they will still be there next month and now you are two months short on rent.
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18 February 2020 | 2 replies
Also, a couple of what I feel are critical features are having the 'inflation rates' for income, expenses, and property values.
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18 February 2020 | 5 replies
I knew they would think that is odd but I have heard too many crazy family stories involving real estate and I do not plan on being one of those stories.
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10 March 2020 | 101 replies
Doubly odd when you factor in that my PM does zero AIRBNB or VRBO etc. business.
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25 January 2021 | 10 replies
I suspect it is likely to take at least 5 years for this market to produce a better return than less inflated markets.Good luck
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18 February 2020 | 4 replies
Nobody likes to raise rent on good tenants, but if you're not raising rent by at least 3% per year, you're not even keeping up with inflation and most tenants can understand that.
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18 February 2020 | 13 replies
Oddly the most ridiculous pricing wars I see currently are on distressed houses, some going for numbers that would put you in the red with anything but DIY rehab paying yourself nothing.
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22 February 2020 | 19 replies
Our cleaning crew does all the normal STR stuff--cleaning, restocking, laundry, replace towels, reset beds, and will do the occasional odd job like replacing batteries.