Hector Espinosa
The Biggest Lessons You Have Learned in Real Estate in 2024
13 December 2024 | 3 replies
We didn't anticipate the housing market slowing when it did in August and now we are holding a flip that for all accounts should sell.
Amit B.
Leak from bathroom upstairs, tenant denies overflowing tub
10 December 2024 | 2 replies
If so, I anticipate that the other two tenants may ask the one responsible for the bedroom above to pay for most or all of the costs, which may be financially burdensome for that tenant.While I have the plumber’s report confirming that the pipes are fine, I do not have definitive evidence that the leak was caused by the tenant’s actions.
Kevin Zmick
Having Trouble Renting Unit in First Property
19 December 2024 | 22 replies
I'm stressing because I wasn't anticipating this and am not excited about the prospect of paying 2k more than I was expecting when my mortgage payments kick in next month.I'll be searching the forum for answers as well, but since I am kinda desperate at the moment, I thought I would go straight to the source for advice.
Sanjay Bhagat
Track record of Syndicate
12 December 2024 | 18 replies
Business plan being executed as anticipated and head of schedule.
Trey Holloway
Financing and Down Payments
15 December 2024 | 13 replies
About 20% use DSCR (usually 20-25% down) and the rest are cash or hard money or something else.For $325k purchase:1) As a broker I would negotiate down as its been on the market a while and its especially now in holidays)2) I would also negotiate seller paid closing cost credits, most loans allow 3% which should cover most or all of that.3) Assuming you paid $325k but got closing costs covered I would anticipate a minimum of $32,500 down and maximum $65,000 down depending on lending product chosen.4) Remember you still must furnish and I use $20/ft as a safe estimate to fully outfit an STR property.Best of luck!
Renee Coss
Should I convert my garage into ADU for a Short Term Rental?
11 December 2024 | 14 replies
I'm not sure what the Inglewood market is like, but if it's anything like major cities in CA, I would anticipate that you can still get it rented out as an LTR.I would also look into the Midterm rental market in Inglewood.
Sanjay Bhagat
Real estate syndication Vs S&P 500 index fund
12 December 2024 | 10 replies
The people that I see that have made their investors and GPs themselves real long term wealth, never anticipated a huge short term return.
Frank Harris
Does anybody have a New Build with Blacktip Construction Group in Cape Coral Florida?
27 December 2024 | 93 replies
It has not been an easy process for them and has taken a lot longer than the anticipated dates.
Chris Johansen
JV best structure
10 December 2024 | 7 replies
In this case, anticipate the LLC that owns the real estate to be listed as a defendant alongside the Builder in the event of a construction related liability incident.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
I anticipate my response may receive some criticism on this forum since I’m a newbie to the game.