Chris Seidler
Screening Corporate Placement? MTR/Furnished Finder
5 September 2024 | 1 reply
They want to place a doctor and their spouse for a few months which seems to check out.Since the lease will be in the name of the corporation, how do we do tenant screening for the actual occupants?
April Birdsong
Security Deposit for Lease for 1 year in advance.
6 September 2024 | 6 replies
Treat everyone the same - college student or doctor.
Gp G.
Mold Issue and Tenant Says Mold in Lungs as per Doctor report
30 August 2024 | 8 replies
Tenant says to PM now that he got a doctor report which says he has mold in his lungs.
Lisa Oliver
New Real Estate Commission Laws
1 September 2024 | 2 replies
While I’m no fan of realtors, and think they are often overpaid and under qualified, the idea about not being tied down is one of the dumbest compliant’s, in literally every other line of work, you get tied down, go hire a lawyer, you pay them by the hours, go hire a doctor you pay them by the hour, and you are not being tied technically, you could agree to pay two agents out of pocket, but of course no one does this for the same reason no one pays two lawyers.
Michael Gonda
What to do with $3 million in equity
9 September 2024 | 52 replies
Generally speaking, this is exactly how it worked out for us: our rents are always on the top end of the market, we have very little turnover, and our tenants tend to be young professionals (doctors, lawyers, etc.), so we have zero hassles, with very few repairs during/post occupancy.
Quentin RCollins
Looking for some advice on new build creative financing.
31 August 2024 | 10 replies
Doctors and dentists have cash earning 4% in the bank.
Jean Lotus
Learn About Building with Hemp
29 August 2024 | 4 replies
Here's a profile of a builder and civil engineer "Doctor Hemphouse" who has built 60 homes with hemp: https://www.hempbuildmag.com/h...
David Switzer
Question on Cap Rates
28 August 2024 | 9 replies
Example:-------------------Tenant A - Grandma Millie's Sewing ShopBeen in business 1 year, decently profitable, signs 5 year lease.Rent = $60,000/yearTenant B - Eye Doctor office.Been in business 5 years, quite profitable, signs 5 year lease.Rent = $55,000/yearTenant C - Subway5 year leaseRent = $50,000/year-------------------If I assign the following Cap Rates, I get these building values:Tenant A / 10% cap rate60k/.1 = $600,000Tenant B / 8.5% cap rate55k/.085= $647,000Tenant C / 7% cap rate50k/.07 = $714,000(or even $45k at 6% cap rate = $750k)-------------------I just made up all of these numbers.
Edward Barrett
LLC Best Practice
30 August 2024 | 15 replies
If high income individuals engineers doctors rent out property and people find out, are they more likely to get sued?
Michael Plaks
Explained: How CPAs charge you (and why)
27 August 2024 | 13 replies
But for some reason, doctors don't do it.