
11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

12 November 2024 | 2 replies
Hello colleagues,The fire Marshall recently conducted a review of an 8 unit, 3 storied old building in Palo Alto, CA that I manage.He has specifically called out for several corrections.

13 November 2024 | 9 replies
Occupancy has remained strong and PadSplit is hitting new booking records regularly.Here are some articles to review in the meantime:1. https://www.padsplit.com/host-resources/news/how-affordable-...2. https://www.padsplit.com/host-resources/news/why-padsplit-is...

13 November 2024 | 8 replies
I start off all my rentals as STR to build up reviews and then covert them to midterm.
11 November 2024 | 3 replies
Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases.

13 November 2024 | 12 replies
That's interesting @Adam Windham as one of our portfolio lenders also uses my projections based on market reviews.

11 November 2024 | 4 replies
Customer reviews are always helpful, but this is another tool in your belt for vetting companies.

7 November 2024 | 18 replies
I had t do a search for bad reviews.

11 November 2024 | 5 replies
They should get their attorney to draft documents for you to review such as a loan agreement.

11 November 2024 | 12 replies
@Renee Ren before you make any investment via Fundrise or any other crowdfunding marketplace, please carefully review the liquidity mechanisms as described in the offering documents and consult an experienced securities attorney if there is any ambiguity.