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Looking at a 27 unit complex in SW Florida. Two and three bedroom town homes, built in 2016 & 2017. Have the rent rolls and financials since inception. Fully rented with average rent of $1550. Vacancy running arou...
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I listed an apartment recently, available 7/15, showings start 7/1. I have received 75 inquiries (and counting) and have 20 showings scheduled between 7/1 and 7/8. I expect to receive multiple applications in that fir...
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I will likely reject my applicant but have a question about what constitutes a "credit report" and therefore, the necessity of writing a rejection letter.
I ran an eviction check and criminal background check and fou...
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Hello,
Im a business major and need to do a market analysis for a business plan for one of my classes. I am creating a business plan of a property management and developement company catering to non-profit organizatio...
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So there's supposed to be a massive snowstorm in Midwest over next couple of days. Up to 18 inches of snow. Do you guys do anything to prepare your rental properties for a snowstorm like this? Anything you guys tell y...
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I'm working with an investment property specialist in SoCal, and he recently asked me a few questions on Multi Family investment criteria. I have a good idea of what I want but I want to hear answers from YOU guys bec...
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I think I'm just going to jump in the dragon's mouth, I live in the Los Angeles Area and I'm tired of waiting to see if the RE market dips or drops, should I just jump in and if I get burned I will learn from the expe...
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I am looking around in the midwest for my first multifamily apartment. I am seeing several multifamily apartment complexes, usually 6 to 8 units. The cap rates I am calculating appear around 5%.
Example: Property l...
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My realtors automated email just sent me this:
This month in the Clark County, NV market, sales decreased to 2,543 homes sold. This shows a 12% drop compared to the prior month. Prices are also falling in the marke...
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Hi everyone! I have been reading forums nonstop for the last week and I am so glad I found this resource! It has been amazing! Thank you to all of you already! I come here because we have been entertaining jumping int...