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27 October 2024 | 8 replies
Hello I am just getting started in NNN investment, and mainly looking at national brand tenants in Quick Service Restaurants(QSR).
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29 October 2024 | 6 replies
A title or escrow company cannot likely help you since there is no actual transaction happening and we (escrow and title) are only permitted to perform the act of deed prep for transactions, otherwise, it is considered practicing law.Here are a few options to help with the doc prep and recording:https://recordmydocs.com/https://directlegal.com/e-record/http://docstarservices.com/
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31 October 2024 | 12 replies
This either provides opportunities to invest in more real estate, rehab a property(s) or for personal use.You can also sell low performers to do the same.
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27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
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28 October 2024 | 6 replies
Multiple reasons why - high turnover, language barrier, individuals not representative of your brand, etc.
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29 October 2024 | 16 replies
You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.
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29 October 2024 | 2 replies
I would use cleaning services but it's my understanding I could use more than one company over the course of the year to limit how many hours one company spends on it.I'm looking into a utilitarian STR more for business travelers, so this won't be one where everything is perfect, it's bound to accumulate wear and tear I think.The STR would be out of state, but I plan to travel there for probably two weeks a year where I would perform many repairs myself.
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30 October 2024 | 15 replies
You are INVESTING here, that means YOU are the one taking the risks of loss because YOU are the one with something to gain by the investment performing.
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31 October 2024 | 11 replies
By doing so, this unlocks the door for having a cost segregation study performed on your property.
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31 October 2024 | 12 replies
A two person partnership at 50-50% each has been often described as legal malpractice.Consider having persons assume the roles they will actually perform and document that role:The guy who finds the deal is the owner.