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3 September 2024 | 4 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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3 September 2024 | 7 replies
When you get the sheriff’s proposed distribution of funds, there will be a copy of a title search that was performed by a title company selected by the sheriff; that title company is possibly the best place to go to ask whether you should buy a title policy - they did the search and should be willing to insure.
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5 September 2024 | 17 replies
Austin is going to perform worse, both for multifamily asset values and rent growth, than Chicago, in 2024, and likely into 2025 as well.
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3 September 2024 | 5 replies
With medium interest rates, you might see a slight impact on cash flow, but BTR properties often still perform well due to their new construction and lower maintenance costs.I’m currently working in the Indianapolis market, specializing in new build duplexes that we construct with strong rental returns in mind.
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3 September 2024 | 1 reply
General appreciationIf it is in a solid area, maybe the play is appreciation and then a few years later do a 1031 exchange to another, better performing property.With multifamily, typically you can't do STR, but maybe MTR?
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4 September 2024 | 8 replies
It's a cute little 2bed/2bath on bluff mountain and it's performing better than I could have imagined.
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4 September 2024 | 10 replies
I would think this is a common practice that lenders perform, but if not....message me.
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4 September 2024 | 4 replies
(Note: These are non-negotiable requirements that must be provided) MBE/WBE/Prevailing Wage: All projects that seek City assistance are required to have a certain percentage of Total Project Costs (TPC) that are being performed by certified Minority Business Enterprises (MBE) 26% and Women Business Enterprises (WBE) 6%, as well as have labor costs that pay prevailing wage as defined by the State of Illinois.
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6 September 2024 | 19 replies
Also a comment about someone saying it’s the student who doesn’t perform - as a coach / teacher do these people take someone’s money knowing they will fail?
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4 September 2024 | 14 replies
Would I rather own an AirBNB in Galveston for the next five years where a permit currently costs $250 a year and a correctly bought deal can still perform exceptionally, or in NYC where I can no longer operate now and for the foreseeable future?