Sarah Jones
2% rule in los angeles
27 January 2012 | 15 replies
IOW, if you qualify for a NOO interest rate around 5-6%, you're going to have more cash-flow than somebody else charging the same rent for a similar property who's paying double-digit private or hard-money rates.
Ben Lovro
Home Selling Mistakes to Avoid in 2024
28 December 2023 | 0 replies
IntroductionStaying ahead of the competition is crucial.With emerging technologies revolutionizing the industry, it's essential to embrace these innovations to market properties effectively.Virtual Reality (VR) and Augmented Reality (AR)Imagine touring a potential home without leaving your couch.That's the power of Virtual Reality (VR) and Augmented Reality (AR) in real estate marketing.VR allows prospective buyers to take immersive 3D tours of properties from the comfort of their homes.AR, on the other hand, overlays digital information on the physical world, offering real-time property data when you point your smartphone at a building.These technologies provide an interactive and engaging way for buyers to explore properties, making it easier for them to envision their future homes.Artificial Intelligence (AI)Artificial Intelligence is becoming a game-changer in real estate marketing.AI-powered chatbots can handle customer inquiries 24/7, providing instant responses and freeing up agents' time.Machine learning algorithms analyze vast amounts of data to predict market trends, helping real estate professionals make informed decisions.AI also enables personalized marketing campaigns, ensuring that potential buyers receive property listings that match their preferences.Blockchain TechnologyBlockchain technology brings transparency and security to real estate transactions.It creates a tamper-proof digital ledger of property records, reducing the risk of fraud.Smart contracts, built on blockchain, automate and streamline the buying process, eliminating the need for intermediaries and reducing transaction costs.Buyers and sellers can have greater confidence in the authenticity and history of a property, making transactions more efficient and trustworthy.3D PrintingYou may have heard of 3D printing, but what exactly is it, and why is it so exciting?
Randy Ferguson
Tenant Screening Apps?? Tellus, Cozy, SmartMove....
4 July 2019 | 7 replies
A couple things that stood out:FREE screening application for both landlord AND tenant (I've never been a fan of requiring people to pay for a screening, considering most my tenants are college students and I hated doing that back when I was renting)Free digital lease and digital signage in California (I use HelloSign to sign my docs and to have it all in one app is far more efficient and looks way more professional)Honestly, this looks like the all-around package deal and all of it, supposedly, for free seems like a no-brainer.
William Thresh
Rent Collection Software
20 February 2019 | 7 replies
all of our rent collection has been the old fashioned way until recently I have tenants recommending we go digital.
Mark Grozen-Smith
Converting Coin-Op Laundry to Digital
8 May 2021 | 2 replies
Have you ever converted a small apartment complex's laundry to a digital paid system like some sort of mag swipe or even like an apple-pay type of input?
Trey Rittenhouse
Complaints over tree roots
18 June 2021 | 4 replies
Had it camera ran down about 300 Showing me where the blockages were happening, and how deep.
Alicia Marks
QOTW: Are you seeing any new trends in your local market?
2 June 2022 | 51 replies
I don't think values in these median home value segments will retrace, but people are realizing that with less FOMO in the market, and the days of rapid, double digit equity appreciation no longer likely, they may have a less chaotic market on the horizon.
Alex Whittow
Replacing Gas Furnace with Heat Pump vs. Electric Furnace
10 July 2022 | 12 replies
Newer heat pumps can work down into the single digits but they're much more expensive.
Brandon Vukelich
Outside investors' thoughts on buying MF in Washington State?
18 August 2022 | 3 replies
.- Double digit appreciation in prices (when things are good).- In addition to jobs, we attract many new residents due to access to a wide variety of recreational activities.CONS- Increasing number of new laws that favor tenants (top two most anti-landlord cities, IMO, are Seattle and Federal Way).- When recessions hit or bubbles burst, double digit drops in value (depreciated prices).- Prices are still a premium, CoC returns initially remain lower than what many average investors hope to achieve.- Heavy competition.I'd love to get a sense on investor sentiment on investing in multifamily in Washington State.
Kumar Suppiah
The one digital/software tool you wished for
27 December 2023 | 0 replies
Hence, the title around digital tool or software.Is there a bugbear or wishlist tool that lenders or mortgage brokers want addressed?