Keara Mooney
Acquired Tenants / Lease Re-Structure
15 December 2024 | 2 replies
Their previous lease includes a portion of storage in the basement with laundry access(also in basement).Current set up: tenant occupies floor #2 with separate access to the basement for their laundry and storage.Future plan: reno basement and remove storage/laundry access for tenant.
Arthur Crum
RAD Diversified SCAM ALERT!!!
20 January 2025 | 242 replies
Now what the hell is the SEC doing for all of the investors including myself.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
In the spring you can list it for market rate and have better marketing/screening strategies in place.HOW TO SCREEN APPLICANTSI recommend you include some of your key qualification criteria in the advertisement.
Rick Albert
Water Submetering in Los Angeles with ADU
12 December 2024 | 17 replies
Including the full cost of water in the rent will make the unit harder to rent.
Ryan Williams
Pay off Primary or Buy Rentals?
18 December 2024 | 23 replies
Make sure to also include in your calculation all the associated costs of those homes (maintenance, cap-x, management, vacancy, etc) then include the selling cost of the home since the appreciation isn't unlocked until you sell the home.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
ask them to confirm they understand your policies (no parties, no extra guests that aren't included in the reservation, etc.) before accepting their reservation request.
Kay S.
Closing Costs for Seller Financing?
15 December 2024 | 6 replies
For costs, you’ll typically need to budget for title insurance (usually around 0.5%-1% of the purchase price), attorney fees (varies but can range from $500-$2,000 depending on the complexity), and closing costs (might include recording fees, escrow fees, and other admin costs—generally $500-$2,000).
Jaša Rot
Arbitrage in private lending
19 December 2024 | 13 replies
You would work with other lenders and do a participation agreement, but many of them will require you to put in 20-40% of the money, have a net worth of 2x what they are including as they will want you to buy back the loan if it goes into default.3.
Anthony Hillman
Nice to meet you all
14 December 2024 | 2 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.