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21 November 2024 | 39 replies
Corporations, LLCs and Limited partnerships exist for the reason of limiting liability to the entity.
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18 November 2024 | 9 replies
Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.
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18 November 2024 | 9 replies
I always used your number three as my prime focus when I started doing short-term rentals twenty years ago, before Airbnb existed.
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20 November 2024 | 14 replies
In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all under 5%) are going to start being paid off in the next 1-5 years.
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16 November 2024 | 3 replies
Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat
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12 November 2024 | 3 replies
I am now in my 2nd year of trying to lease out the property and I might have to rent it out for 2000-2200(approaching two months on the market)based on a saturated market, also my PITI has risen to 2320.
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18 November 2024 | 14 replies
This is a common issue with investing in existing & older homes.
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13 November 2024 | 8 replies
It's a risk-reward proposition and for us here in Columbus, I see a lot of saturation with STR, but we have very high demand for MTR so most of the properties in our portfolio wind up being mid terms.
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15 November 2024 | 1 reply
Plus, how are all these changes going to fit with the existing rules and regs?
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15 November 2024 | 4 replies
Hi Luca,a rate/term bridge with rehab budget would be your best bet. there would be no PPP's since it's a bridge, you'd be able to pay off the existing lien, and you'd get your funds to do some renovations to the property.I should be able to help with this, but I'd need more information on the property and how much in rehab you are looking to do.