Josh Duncan
Thoughts on 401K loans
8 January 2025 | 10 replies
Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding.
Kwanza Price
Advice for Finding Contractors (San Francisco)
11 January 2025 | 2 replies
Nothing like word of mouth referrals.Either way you definitely want a way to check/verify their work before hiring them.
Annie Driscoll
All inclusive trust deed
23 January 2025 | 3 replies
AND there aren't many note buyers who will buy notes with large balances in the range you mention.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
9 January 2025 | 2 replies
Similarly, homes that have unusual layouts or less traditional features often benefit from full staging, as it helps buyers envision how the space can work for them.That said, even in more budget-conscious markets, full-service staging can still provide a significant return on investment, especially if the home has been on the market for a while or if it's empty and lacks warmth.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
@Robert Spiegel Great question, and it’s always a balancing act when dealing with long-term tenants who’ve been fantastic overall.Based on my experience managing over 1,200 rental homes in North Texas, including areas like Dallas, Fort Worth, Plano, and Frisco, here’s how I would approach this:Cleaning Charge: While $540 may feel steep, it can vary depending on the size of the property and local market rates.
Josh Palmer
Lost and need help!?!?!?
13 January 2025 | 3 replies
I have been doing construction my whole life so the work is not something that I am worried about.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
Quote from @Yvonne Wang: First time working with a contractor here.
Alex R.
Southern Impression Homes
14 January 2025 | 27 replies
Also beware, suncoast will hold you for 2 years while they suck the life out of you.