Nicholas Mann
Commercial Lease advice (When to use Triple Net?)
10 August 2024 | 8 replies
For something in the middle, small but still national, I might be inclined to defer to what they want.
Craig Jones
STR hotel house hack with creative financing
9 August 2024 | 6 replies
I'm in the Incline Village, NV area and can connect you with the owner of the Incline Lodge.
Raymond Yan
Tenant paying late, making excuses and ignoring property management company
7 August 2024 | 15 replies
The PMC is aware of my intention to sell, so there's a possibility they may become less inclined to provide assistance since it doesn't benefit them in any way.The PMC was supposed to link me with one of their eviction attorneys, but after our conversation two days ago, I haven’t heard anything from him.
Josef Bryan Gerster
How can I increase mid week bookings?
5 August 2024 | 16 replies
Finally, some guests are more inclined to give you a 5.0 review, and generally be more reasonable and respectful, if the host name is a person not a company, and the host has a headshot.
Danny Celestin
Should I Buy the Rate Down
3 August 2024 | 19 replies
Are you more inclined to speculate that rates will fall lower (they should, I think they are likely to, but they may not) and you can refi, or would you rather pay a fee/premium to lock in where you're at now and hedge your risk of not being able to refi into a lower rate?
Engelo Rumora
ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
G'Day everyone,The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.I have always believed in doing business on your terms and for terms not to be dictated by someone else.Especially when you are looking to hire us/me to do the work for you.Also, business done right needs to be a win/win for all involved and this doesn't seem like a win for us.I do however understand the caution and reluctancy to "let go of the reigns" per se as many landlords get screwed by property managers.But at the end of the day, you have to "let go" and let someone else do it or just do it all yourself.I'd love your advice on the suggested terms given to us below:1) In AppFolio they want admin level access to their account.2) They want a standardized list for maintenance items so they know in advance what repairs would cost.3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $3006) They want tiered PM Fees based on occupancy.... for example (their example): at 90% they would pay 8% PM fees, at 70% occupancy they would pay 2% PM Fees, and at 50% occupancy we would part ways.The deal breaker in my opinion is points 4, 5 and 6.With the lack of oversight/control on maintenance we have little control over the occupancy and it kills our process and efficiency.So in a way, we are destined to fail from day 1.Also, if someone does want so much control why not just self manage.The unit count justifies hiring 1-2 full time people to run it.Otherwise, let us do our job.
Jonathan Baird
Professional Investor in the Louisville area
2 August 2024 | 21 replies
It's likely accurate because most lenders aren't inclined to allow someone to assume responsibility for payments without their approval.
Adam Sha
Investment Dilemma: High Rent vs. Mortgage Payments in a City with Lower Wages
28 July 2024 | 2 replies
Would renters be willing to pay $2,600 a month, or would they be more inclined to purchase a home instead?
Chris Seveney
Broker Price Opinions are useless
31 July 2024 | 19 replies
Quite frankly I would be inclined to turn down investors at high LTV, but owner users seem to work out.
Michael Plaks
GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
I personally think that the person who wrote that article about tax deductibility took a very aggressive stance for the deductibility of business travel as they included verbiage of personal time in their rationalization.I might personally be inclined to investigate further if one of my clients presented that specific case to me, and likely opt for not including it as deductions if they haven't begun operations yet.