Competition Lines Up to Buy Self-Storage Properties
Friday, July 24
Self-storage facilities were typically considered “essential” businesses and remained open even as most of their potential customers worked from home. In the first week of June, Nick Walker listed a self-storage property for sale. The facility is fully leased and producing income. “We received 1...
5 Factors That Make Baltimore a Good Place to Invest
Friday, July 24
When looking at the best real estate markets, you’ll often find three factors in common. Baltimore has all three of these factors and more: Job Growth Between January 2019 and 2020, there were 25,500 jobs created in the Baltimore metropolitan area, which is a growth rate of 1.79%. This is almo...
Estate Planning in a Crisis: What’s Essential and What Can Wait?
Friday, July 24
In light of the COVID-19 pandemic, many are thinking about estate planning and how to prepare for the unexpected. Estate planning is one of those things that a lot of people put on “Someday Island,” thinking they’ll get to it eventually. The coronavirus, on the other hand, has caused people to t...
Advantages and Disadvantages of Using Land Trusts in Real Estate
Friday, July 24
Land trusts are known for providing several advantages, which is why they are such a valuable step in creating and implementing the pan needed to protect your real estate assets but there are several disadvantages of using only a land trust to protect your assets. Advantages: The transfer of pro...
Misrepresentation Lawsuit Dismissed
Friday, July 24
In Beckman v. Wells Fargo, Wells Fargo foreclosed on a property in 2010. Following the foreclosure, the Bank had the property appraised, and the appraiser estimated that the property needed approximately $22,000 in repairs. A real estate broker hired by the Bank to list the property for sale t...
Smaller investors and smaller properties lead the way
Friday, July 24
In terms of the deals hitting the market now, the first offerings or apartment buildings for sale have tended to be smaller properties. “Lower quality and smaller buildings are recovering new listings quicker,” says Andrew Rybczynski. “This tracks with transaction volume, where the average size ...