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6 March 2024 | 12 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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4 March 2024 | 5 replies
You have to deliver specific forms, and a relocation fee to the tenant is required.This RSO website will answer your questions:https://housing.lacity.org/res...Good luck!
5 March 2024 | 7 replies
My OA PDF for instance, is too big to email, so it has to be hand delivered and when I'm buying out of state it needs to be sent FedEx.
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4 March 2024 | 4 replies
Their ability to deliver a home in just four months is certainly impressive.
6 March 2024 | 19 replies
. ;-)True story, I was dealing with Quality Loan Service as Trustee and negotiated a postponement and they wanted hard copy paperwork, wet ink, delivered to them.
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5 March 2024 | 27 replies
I was seeking even better returns.I invest in and syndicate RV Resort Campgrounds and also Build to Rent multifamily communities.RV Campgrounds can deliver much higher cash on cash (12-15% average) and you don't deal with tenants since it is mostly transient, like a STR at a MF scale!
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4 March 2024 | 10 replies
Alongside my academic pursuits, I also helm a reputable research firm, where we analyze market trends, identify opportunities, and deliver actionable insights to our clients.In line with my passion for real estate and my background in finance, I am actively seeking opportunities to collaborate with like-minded investors on commercial real estate ventures.
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5 March 2024 | 27 replies
I can assure you in in upscale and luxury, having a place to put clothing - be in nice closet organizers w drawers or a dresser, is likely a requirement to deliver on expectations in those price points.
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3 March 2024 | 5 replies
Dominion promised one interest rate and delivered another by the time we got to closing on the second loan.
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4 March 2024 | 6 replies
The developer will perform per the workletter in the ground lease that details out HOW the out parcel pad is delivered to McD.