Wes D.
Is it Reasonable to Ask Tenant to Self-Install Cable Equipment?
6 March 2024 | 5 replies
If it involves any need to extend the line or relocate a connection etc, then no it's not reasonable and I'd expect to hire someone to do it...ideally the service provider's crew.
Benjamin Foullon
Should I Purchase Through An LLC
6 March 2024 | 7 replies
Also, you had better maintain the LLC properly or it provides no real asset protection.If properly managed, an LLC can provide more asset protection, but your first line of defense will be managing your property well and the second line of defense is good insurance.If I were Jeff Bezos, I would not put a property in my name because it would be a lawsuit target.
Logan M.
Pitfalls of CAP Rate and Mobile Home Parks
6 March 2024 | 9 replies
Your CAP rate will be dangerously inaccurate if you calculate expenses incorrectly so let's break those down.Utility Set-up- As an overview you need to know the difference between city-provided utilities and onsite such as Septic Tanks with Leech fields, lagoons, Wells, EtcGetting more specific what utilities are maintained by the community, paid by the community vs the tenants.I will give you a quick example, I own a park with a bunch of multifamily manufactured units of which I pay the electricity bill.
Eric Hipolito
DSCR Loans / Lender Recommendations
6 March 2024 | 13 replies
Could anyone offer insight on DSCR loans and/or provide any reputable lenders?
Jay Griffiths
New Investor - looking for markets and brokers/prop mgrs
6 March 2024 | 12 replies
I have a solid amount of capital to invest and am looking to invest remotely in the Midwest or South in places that will provide a net income and, of course, ideally also provide at least a minimal amount of appreciation, but I'm definitely leaning more toward the cash flow model given that I'm an older investor.
John Coffman
Contractor for maintinence items
6 March 2024 | 5 replies
Also if you can find any local hosts in that area they may provide a great recommendation.
Nate Pucel
Buy, rehab, rent accounting questions
4 March 2024 | 4 replies
That rent would have easily covered the cost of hiring professionals, the job would be done better, and you would have saved yourself three years of blood, sweat, and tears to focus on your next investment.There is a time for learning and DIY, but you have to be smart about it.
Gary Bennett
Hello from Michigan!
6 March 2024 | 9 replies
I have an awesome girlfriend of almost 4 years and is a big motivator for me trying to become financially independent so I can provide her and my future family a great life.
Lorraine Hernandez
Wholesaling Tenant Occupied Property
6 March 2024 | 3 replies
This allows our buyers to purchase the property, make the necessary improvements, and then choose to either rent it at market rate or sell it.Selling a property without providing at least two exit strategies for the buyer significantly decreases our pool of buyers.Feel free to reach out, you could send me the numbers and I can give you my opinion on what would be a good deal to a buyer with keeping the tenants.
Brandon Ly
What would you choose? SB9 vs. ADU vs. Home Addition?
6 March 2024 | 8 replies
I don't have a permit to start construction yet but am not contemplating whether my original plan is the way to go.I know this is a long post but I wanted to provide as much relevant information as I could and I truly appreciate everyone's time in helping me with this critical decision!!