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Results (10,000+)
Mary Jay What is the proper way to deal with the security dep notice if no forwarding address?
24 August 2024 | 11 replies
So, everything the law required of me in such a case at that time I did - and each required step I took, I documented by email to the tenant, with attachments, where appropriate, without delay.
James J Canull Washington Blvd Cosmetic Flip
24 August 2024 | 2 replies
Have more open houses to help minimize having to pay a realtor on the selling end Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Sandra Feurtado New Real Estate Investor.
24 August 2024 | 11 replies
The reason is the rent-to-price ratio is good so you can cash flow, and most of the West side doesn’t have a Point of sale inspection which is really annoying.Thanks for your response and apologies for my delay in getting back to you. 
Karolina Powell Last minute lending nightmares
26 August 2024 | 17 replies
I had similar issues 3 years ago with a DSCR loan and recently, a client (I am also a realtor) had similar with a FHA loan, asking to fix up things very last minute and delaying the closing.
Alberto Solis DST 1031 Exchanges seem primed for Sponsor success while minimizing Investor security
22 August 2024 | 16 replies

I have been toiling over investing in DST 1031 Exchange vs cashing out by paying capital gains. I have read many DST PPM's and have come to conclusion the Sponsors are the only one that can reliably profit from these ...

Foxx Walz New RE Investor Seeking Community
23 August 2024 | 5 replies
I’m relatively new to this with minimal knowledge from listening to the bigger pockets podcast, but would be grateful to meet any new connections to help me in this journey.
Robert Rixer Creative Ways to Boost NOI
23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.  
Michael D Kaminski How to Supervise my Property Manager?
23 August 2024 | 21 replies
We still use management's team for emergencies and easy turnovers, worth it on those because we don't want delays
Jose Almonte Who pays utilities?
23 August 2024 | 4 replies
But I’d like to be cash flow positive even if minimal
Cameron Kelting 1031 Exchange from LLC to Personal name
23 August 2024 | 4 replies
After that, the LLC could potentially gift or sell the property to you, which would likely trigger capital gains taxes.Another option could be to transfer ownership gradually through gifting shares of the LLC to you over time, which may help minimize tax impacts.