Mike McGee
Multi-Family vs Multi-Unit Office
17 October 2018 | 9 replies
You'd be able to model the various pros and cons that you described to see what the best option might be for your portfolio.Based on your description, the office model might have an above average growth rate given the location and less replacement reserves given the nature of the structure.
Steve Wilson
Gag Order for Residents/Owners
17 October 2018 | 8 replies
And, Jim, I've never heard of ****-eyed but that does sound like an apt description!
Stanford Neal Mead
Need Help Evaluating A 9-plex
20 October 2018 | 28 replies
Need a little description preferably photos of exterior and interior.You need to get interest rate, down payment etc.
Jayson Wolfe
From a lender's perspective, what constitutes a Multifamily?
21 October 2018 | 3 replies
In either case, what are the geographic specifics they can be separated by before they are a separate or combined/single unit(s).
Kevin Drouillard
How can I increase the chances of getting an rental applicant?
31 October 2018 | 22 replies
I would make a beautiful rental listing with great photos & description and post it everywhere you can ...facebook...zillow etc and offer a free month rent.
Sarkis Gezalyan
Having trouble making sense of analysis numbers
22 October 2018 | 20 replies
I've made a few good connections in some geographic areas I have interest in by reviewing profiles.
Marlon Long
A good problem to have.... Too many people interested in a rental
18 October 2018 | 27 replies
Also, what did you put in your description that made this property so appealing?
Nik Moushon
How do you decide if a large lot is worth putting an offer on?
25 October 2018 | 21 replies
Nikfirst and foremost you should know the zoning codes and what is allowed in the base zone without conditional use permits IE permitted uses.. this should take you all of 5 minutes to figure out.as developers we know the base ... we then make the offer with Due Diligence.. no one has it worked out before they make an offer.. unless its off market and they been hunting it for a while.. all land or development deals come with due diligence time.most sellers these days though want POF and a brief description of your ability to execute.and depending on the size of the deal you will need 25 to 100k in cash for EM and prelim work.its common to lose money on due diligence.
Albert L.
[Calc Review] West Cleveland Duplex
24 May 2019 | 4 replies
Goals: -stable cash flow, not as concerned about appreciation (check, assuming description is correct in saying they've had stable tenants. rental price should increase in the next couple years so i have some assurance there)-looking for min $100/unit (check)-C+ neighborhood (check, borders some B/A neighborhoods in upper Ohio City so hoping some absorption goes that way)Other things: -20% CoC return (almost check - Changing purchase price to $53,000 and have tenants also pay water/sewage would bump this deal right up to my criteria of 20% CoC.)
Justin Wallman
Therapy dog vs Service dog vs Emotional Support Animal
19 October 2018 | 7 replies
The description is nice, however, which animals are you not allowed to discriminate against.