Gilda L. Sauceda
New Construction VS Older properties for the beginner.
7 July 2022 | 23 replies
The pros as you’ve stated, can be:-less maintenance as it’s a brand new property and things shouldn’t be breaking down, which as a new landlord is like operating with training wheels, as you will less likely be overwhelmed with constant maintenance requests-everything is in brand new condition which is appealing to prospective tenants, which can also allow you to rent out for higher amounts since the condition can make it more desirable compared to other options-the warranty (mine was 1 year) is very comforting to know you have it to fall back on-I’m under the impression that typically older/pre-existing properties have higher potential for cashflow, however, I feel that contrary to that belief, a lot of new construction fourplexes here have higher cash flow potential due to the higher rents you can charge.My current new construction fourplex cash flows pretty well, due to it having rents closer towards the higher end of the market, although the higher quality finishings make the apartments very desirable.Searching for my second fourplex, I’m leaning towards a pre-existing fourplex around 15-20 years old, as with the typical price point, it will allow me to have more funds leftover going into my third property.I’m pretty sure I know which new construction fourplexes you are referring to with that purchase price, as a buddy of mine lives in that city (if it’s what I’m thinking) and he was considering buying one of those new construction properties and the expected rents make it seem like it should be a solid investment.
Jessica Labos
What would you do with 200k in Toronto?
18 July 2018 | 32 replies
Literally, you can not invest in the deals that I have without a pre-existing relationship (pesky SEC rules)You might want to check before going off on a rant.
Daniel R.
building a mobile home park
31 August 2013 | 8 replies
Its much more economical to buy a pre existing park.
Mark Guagliardo
Pros and Cons of Dual Agency in Hawaii
6 May 2016 | 0 replies
This is particularly advantageous when multiple buyers place multiple offers on a property.Dual agency within one brokerage office can ease communications.In a situation where both the seller’s agent and the buyer’s agent work for the same real estate brokerage firm but the buyer and the seller work with different agents, the two agents can efficiently negotiate, communicate, and leverage their preexisting relationship while separately advancing the interests of their separate clients.
Jason Merchey
Praxis Opens Up Sidecar Investment Vehicle
17 February 2021 | 11 replies
Shortly after the adoption of Regulation D, the SEC staff made clear that the existence of a pre-existing, substantive relationship negated that an investor was attracted through general solicitation.
Diane G.
Rent is dropping quickly in San Francisco
21 July 2017 | 85 replies
However, the combination of my age, the pre-existing plan to move to St.
Jordan B.
Inherited Tenants fill out move-in inspection?
13 October 2018 | 6 replies
I made it clear I wasn't raising rent (at that time) or re-screening anybody, and any pre-existing condition or damage problems as of the point they signed the new agreement would not be held against them.Out of 3 occupants (4th unit was vacant at that point) 2 were happy to sign because they knew how terrible the current agreements were.
Cameron Moore
Newbie seeking guidance!
28 July 2018 | 8 replies
Some concerns are if the original owner tries to make me pay for repairs that are pre existing like roof, foundation, etc and of course if they never pay rent.
Santiago Ramiro Girado
Investing in syndications
27 July 2020 | 2 replies
@Santiago Ramiro GiradoThere are a number of syndicators out there but if you are a sophisticated investor (and investing in a 506-B offering) you need to have a preexisting relationship with the syndicator before you invest.
J. Martin
My Logo Suck? Give me feedback and help shape it!
15 September 2016 | 34 replies
I tried creating logos from many different artists and no matter what I paid almost every one was blatantly plagiarized from a preexisting logo or they used a "logo generator" to give me the content.Plus, they frequently recycle logos.