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3 February 2025 | 47 replies
I’ve been focusing on building triplexes in Columbus, Ohio, and it’s been a game-changer.
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17 January 2025 | 24 replies
I don't know what the issue is/was, but I think a lot of customers want to play games and he probably did his best to keep them on the straight and narrow.
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14 January 2025 | 8 replies
9) adding multiple ADUs or adding an ADU to a quad looses F/F conventional financing.
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15 January 2025 | 6 replies
Property was originally listed for $1.2mm this past year they’ve done multiple price decreases to $699k.
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12 January 2025 | 4 replies
This shall apply to single glazing and each pane in multiple glazing.Exception: Glazing that is more than 60 inches (1524 mm), measured horizontally and in a straight line, from the water’s edge of a bathtub, hot tub, spa, whirlpool or swimming pool or from the edge of a shower, sauna or steam room.
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13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
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28 January 2025 | 29 replies
Most of my clients are at 20% with only few exceptions for very high grossing properties and clients with multiple properties with me.
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13 January 2025 | 5 replies
Huge game changer for Investors
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11 January 2025 | 49 replies
When it comes to a lifestyle property, it's another ball game and all the comments you wrote make total sense, especially for people who like similar things in life.
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8 January 2025 | 38 replies
In this game, there's always something!