Nate Shields
55-Unit Value Add Success
15 October 2024 | 3 replies
When it makes sense to refinance in the future, we'll take advantage of that.2.Attractive Investor Returns: With an 80/20 LP/GP split for cash flow and upside, we’ve projected a 12-16% IRR over a 5-10 year hold period.
Sarah Nowell
Hard Money Loan via GROUNDFLOOR
15 October 2024 | 2 replies
The loan has an expected 11% interest rate over a period of 15 months.
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
And, assume that rents increase by 2%/Yr and inflation averages 5%/Yr over the expected hold period, which I will assume is 20+ years.
Raghavendra Jakkani
Process of renting out my first investment property
16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.
Alton Swann
What’s the best way to structure initial debt?
15 October 2024 | 4 replies
Specifically, I’d like guidance on what to offer the investor(s) for the use of their funds over a 12-24 month period.
Othman Zizi
Philly first time investor - New Western
17 October 2024 | 6 replies
Investors who do well are the ones who: buy in solid areas, hold RE for a long period of time, take care of their properties, and find tenants who take care of their assets.
Joseph Braun
Should I avoid Baltimore?
19 October 2024 | 30 replies
MYve if you factor in holding times during renovations that could be diluted with a longer period of ownership but assuming once its ready to go I like to average 2% or less.
Sylvia Castellanos
Does the cloud over a quitclaim deed ever resolve itself with time?
13 October 2024 | 5 replies
I am wondering if there are alternatives that I can explore myself without incurring that expense.Your input will be greatly appreciated.Probably what you have been told is that in certain types of auctions in certain states there is a "redemption period".
Geoff Prickett
Las Vegas Condotel: Syndication and Bonus Depreciation Questions
16 October 2024 | 7 replies
Licensing/STR has nothing to do with REPS.Bonus depreciation applies to assets with a recovery period of 20 years or less (e.g., renovations, furniture), but not to the land, down payment, or HOA fees.
Christina Haws
Purchasing a mobile home/RV Park with seller financing
15 October 2024 | 1 reply
Seller Financing over a 10 year period with a balloon at the end and a downpayment of $40,000.