Antoine Na
Property Management (Lease Option Agreement)
11 May 2024 | 1 reply
Demographic and location is a major piece to the puzzle.
Marcos A Miranda
Analyzing Rental Property Deals SFH
9 May 2024 | 4 replies
., is this something that sounds within acceptable ranges or am I missing a piece of the puzzle here?
Bette Hochberger
Maximizing Your Tax Benefits as a Real Estate Investor
8 May 2024 | 3 replies
But the other half of the puzzle is building wealth.
Jorge Abreu
🏢 Property Inspection Checklist ✔️
8 May 2024 | 0 replies
Furthermore, understanding the resident characteristics allows me to measure the target market and modify my investment strategy accordingly.Inspection ChecklistSituations vary from one property to the next, but here is an on-site inspection checklist to get you started:Interior Units:Inspect vacant units, including one of each finish out type (Classic, Reno, etc.).Check all down units.Inspect one unit from each unit mix.Exteriors:Landscape:Look for overgrown bushes.Identify trees that need trimming (no branches hanging over the roof).Take pictures of the following:Curb appeal on all sides facing the street.Landscape around the office and amenities.Overgrown bushes or trees.Any dead landscape.Areas that may need sod or mulch.Assess drainage:Ensure water flows away from building foundations.Check slope, gutters, downspouts, surface drains, French drains, etc.Exterior Walls:Determine the existing material (wood, vinyl, Hardie, brick, stone).Assess the condition of the walls.Note if painting is required.Take pictures of each building, including building number, each elevation (clockwise), and any breezeways or niches.Windows:Evaluate the condition of existing windows.Consider whether solar screens should be installed.Roof:Identify the type of roof.Assess its condition and age.Parking Lot:Check for potholes.Assess the need for restriping.Note whether the parking lot is concrete or asphalt.Evaluate drainage issues.Walkway:Look for tripping hazards.Assess drainage issues.Foundation/Gutters:Inspect for cracks in the brick.Check for separation in corners from fascia and trim boards.Evaluate drainage and identify poor drainage areas.Amenities:Identify possible improvements.Consider adjustments or additions that can enhance amenities.Talk to the Staff:Maintenance: Inquire about the physical condition.Office: Discuss current residents, delinquency, and potential changes to add value.Assess whether rents are too high or too low.Confirm rents and what is included/not included.Confirm other sources of income and associated charges.Confirm occupancy, pre-release, and vacancy numbers.Note: Maintain professionalism and avoid insulting the owner or broker, regardless of the property's condition.Keep in mind that investing in real estate is like solving a puzzle—you need all the pieces to see the big picture.
Douglas Gratz
What is the new construction process? Dig lot, pour concrete, etc
14 May 2024 | 201 replies
I started this discussion just to make sure I have the step by step process's down pact as the 2 New construction projects I managed, the main investor took care of a lot of things , so there are some pieces of the puzzle that I am not familiar with.
Ian Morales
Building a team
7 May 2024 | 6 replies
@Ian MoralesFrom my perspective as a lender, I consider ourselves the final piece of the puzzle in your real estate investment journey.
Danny Nelson
What am I BEST set up for?
7 May 2024 | 4 replies
Seems to me like the pieces of the puzzle that you're missing are some of my stronger suits and the things I'm looking for (have no construction partner) are your forte.
Jorge Abreu
Exploring Projected Returns In A Real Estate Syndication
4 May 2024 | 7 replies
Projected Profit Upon Sale: ~60%Perhaps the largest puzzle piece is the projected profit upon sale.
Gregory Jerome
Need help explaining a double escrow!
3 May 2024 | 33 replies
Need help explaing a doubke ckosing to my title companiesSo far ive called 2 in my area and they were both puzzled, they said they didn't have enough knowledge about it I explained i was going to have 2 contracts (buyer and seller) and wanted my buyer to fund my sellers transaction How can i clearly explain this process in proper terms ??
David Sanders
4BR SFH Pool Home STR near Disney, is $4K/month NET revenue realistic?
30 April 2024 | 27 replies
This still puzzling.....The direct bookings from repeat guests are slowly growing.Booking.com is hard to deal with, but we seem to get good overseas guests that stay for longer.