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19 February 2024 | 3 replies
Does anyone have any advice on how to propose seller financing, assumption, or subject to when I go view the properties tomorrow ?
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21 February 2024 | 7 replies
So with that logic, I want the LP to be protected and get paid out a baseline return first, but if the property exceeds expectations I believe the GP should capture higher returns.With the proposed 75/25 waterfall breakdown suggested by the LP, I feel that I would be under compensated the first 4 or so years and it may not be worth it for me considering the month of labor it takes to furnish the property and the approximately 100-150 hours a year it takes for me to manage the property.
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21 February 2024 | 5 replies
IF you’re willing to give up a larger share of the total profit than you would be giving up with interest on a loan, then what you propose is doable.
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21 February 2024 | 24 replies
Current legislation is trying to undermine that stability, but with proper guidance (I suggest hiring a good PMC unless you're an attorney and you know all the current landlord/tenant laws) you should do well. $50/month cash flow is fine.
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19 February 2024 | 6 replies
The initial sketch proposal is for a backyard ADU, probably would be a one bedroom construction.
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21 February 2024 | 45 replies
The RPAWI .org (REIA) trys to counter this as much as possible and work with legislators in Madison, but they follow public opinion.
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20 February 2024 | 11 replies
I’m an experienced property manager/licensed real estate agent trying to develop a proposal for my management fees for starting an STR branch for a big name agency.
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19 February 2024 | 2 replies
The denial was based on the following reason:"The proposed use Visitor Accommodations is prohibited in the RM-1 Zoning district per table 14-602-1".At this juncture, it seems my next step is to appeal to the Zoning Board of Adjustments.
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16 February 2024 | 3 replies
🏘️📈Virginia's legislative landscape is buzzing with talks on housing affordability.
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16 February 2024 | 2 replies
I've been sent a real estate development proposal by a friend of mine who is looking for me to invest.